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New Deal


Announced

Crownpeak to acquire e-Spirit from adesso for $30m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

Private

Single Bidder

content management

Friendly

Software

Cross Border

information technology

Germany

Acquisition

Synopsis

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Crownpeak, a digital experience platform, agreed to acquire e-Spirit, a provider of IT services, from adesso, a German IT service provider, for $30m. "Joining forces with Crownpeak represents an important milestone for our industry and customers alike. Our combined resources will also fuel more opportunities for research and development and further product innovation. With our powerful technologies, greater worldwide support and flexible hosting models, companies can improve the speed and results of digital experience delivery," Andreas Knoor, e-Spirit Chief Product Officer.

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