Announced
Completed
Financials
Sources
Tags
Completed
Acquisition
legal services
Majority
intellectual property
Management Consulting
Friendly
Cross Border
Private Equity
Germany
Private
Single Bidder
Synopsis
Questel, an IT services provider, completed the acquisition of NovumIP, a group comprised of PAVIS and Novagraaf, from Paragon Partners, a private equity firm. Financial terms were not disclosed. “Through the acquisitions of Brandstock and RenewalsDesk, in 2019 and 2020 respectively, Questel successfully expanded its operations into the areas of trademark management and patent annuities. These new acquisitions aim to accelerate this strategy by relying on Questel’s IT DNA,” Charles Besson, Questel CEO.
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