Announced

PSG-backed Imaweb to acquire Stieger.

Synopsis

Providence Strategic Growth-backed Imaweb, an independent developer and provider of automotive and dealership software solutions in Europe, agreed to acquire Stieger Software, a dealership software solutions provider in Switzerland and Austria. Financial terms were not disclosed. “We believe that the company’s innovative technology will bring an added edge to our existing offering to OEMs and dealerships across Europe,” Patrick Prajs, Imaweb CEO.

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