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New Deal


Announced

Completed

Global Graphics completed the acquisition of HYBRID Software Group from Congra Software for $97m.

Financials

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Transaction Value£72m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Majority

Friendly

Disposal

Luxembourg

Private

software development

Cross Border

Software

Completed

Synopsis

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Global Graphics, a developer of integrated hardware and software solutions, completed the acquisition of HYBRID Software Group, a group of software development and marketing companies, from Congra Software, a holding company which, through its subsidiaries, develops and sells enterprise software for the graphics arts industry, for $97m. "Combining Global Graphics and HYBRID Software will create the foremost enterprise software supplier for digital printing, as well as for traditional label and packaging market segments and I’m proud to announce it to the industry. The DNA of both companies is similar – customer-focused innovation in graphic arts and industrial inkjet – and there’s a strong existing relationship and a great fit between HYBRID Software and the Global Graphics companies: Global Graphics Software, Meteor Inkjet, and Xitron," Guido Van der Schueren, Global Graphics Chairman.

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