Announced
Completed
Financials
Tags
automotive software
Private
software solutions
Majority
Friendly
Private Equity
Belgium
Software
Cross Border
Acquisition
Single Bidder
Completed
Synopsis
Private equity firm Providence Strategic Growth-backed Imaweb, a CRM services provider completed the acquisition of Evolutive, an automotive software solutions provider. Financial terms were not disclosed. “We are very proud to welcome Evolutive to Imaweb, and elevate our relationship from partners to team members. We have always valued Evolutive’s expertise and sales force. We see significant growth potential in Belgium and Benelux, which are important markets for Imaweb as we continue our strategy of European expansion,” Patrick Prajs, Imaweb CEO.
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