De Hoge Dennen and Arches Capital completed the acquisition of a majority stake in Thinkwise.

De Hoge Dennen, the investment firm of the De Rijcke family, and Arches Capital, a fast-growing group of business angels that invests in start-up and scale-up companies with a large growth potential, completed the acquisition of a majority stake in Thinkwise, the only vendor in the world that provides a low-code software platform that enables the realization of large-scale and mission critical business software. Financial terms were not disclosed. “The unique position of the Thinkwise platform and the enormous legacy software market are the right ingredients to grow the company very rapidly. Thinkwise is the best kept secret in the low-code market for core enterprise systems. Arches will not only provide expertise, but also a large network of seasoned entrepreneurs,” Frank Appeldoorn, Arches Capital Partner.