Announced
Financials
Sources
Tags
Single Bidder
Pending
Cross Border
software solutions
Acquisition
Germany
Private
Majority
Private Equity
Friendly
Software
Synopsis
Waterland-backed netgo, an IT services provider with offices throughout Germany, agreed to acquire arxes-tolina, a provider of IT and software services. Financial terms were not disclosed. "Our goal is to become a one-stop shop with full-service offering for our clients. Strengthening our software development portfolio and developing new clients throughout Germany are important steps to achieve this goal. Therefore, we are looking forward to welcoming the arxes-tolina team to the netgo group," Benedikt Kisner, netgo CEO.
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