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New Deal


Announced

ChapsVision to acquire Bertin IT and Vecsys from CNIM.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

France

Domestic

Software

software development

Pending

Friendly

Majority

Single Bidder

Digital Services

Transcription service

Synopsis

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ChapsVision, a data analysis provider, is set to acquire Bertin IT, a provider of advanced software solutions, and Vecsys, a transcription service, from CNIM, a French equipment manufacturer and industrial contractor operating on a worldwide basis. Financial terms were not disclosed. "In connection with these negotiations, the concerned employee representative bodies will be consulted and finalized drafts will then be submitted to the governing bodies, the competent supervisory authorities and the creditors of CNIM Group, and the market will be informed," CNIM.

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