Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
software developer
Single Bidder
Completed
Private
Private Equity
United States
Software
Cross Border
Friendly
Synopsis
Capital D, a pan-European private equity fund manager, completed the acquisition of a majority stake in Qmee, a software developer. Financial terms were not disclosed. "With its cutting-edge tech, Qmee is a business operating at exactly this intersection within the research and consumer insight ecosystem. Qmee fits well with our strategy of backing growing and profitable disruptive companies where we become the first reference shareholder alongside a founding management team. Qmee’s ability to offer businesses access to efficient, low cost, genuine first-party data is becoming increasingly important as brands yearn to stay connected with their customers. We are very proud to become Qmee’s partner for the next phase of its development," Jean-Marc Jabre, Capital D Co-Founder.
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