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Announced

PSG-backed Imaweb to acquire Procar.

Synopsis

Providence Strategic Growth-backed Imaweb, a independent developer and provider of automotive and dealership digital software solutions in Europe, to acquire Procar, a automotive digital software solutions provider in the DACH market. Financial terms were not disclosed. “Procar’s position as a market-leader in DACH, combined with the strength of our existing offering across Europe, will take Imaweb to its next phase of growth into a truly continental European player,” Julian Ciccale, Imaweb Co-Founder and Deputy CEO.

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