Announced
Financials
Sources
Tags
Germany
Private
Majority
software solutions
Cross Border
Private Equity
Friendly
Software
Pending
Acquisition
automotive software
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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