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New Deal


Announced

Completed

Causeway Technologies completed the acquisition of Ermeo from Hi Inov, Axeleo Capital, SNCF Digital Ventures and Partech Partners.

Financials

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

Tags

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Acquisition

Private Equity

SaaS software

Software

Completed

Majority

Cross Border

France

Private

Friendly

Single Bidder

Synopsis

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Causeway Technologies, powerful software developer that transforms commercial performance across the front-line of its construction customers' businesses, completed the acquisition of Ermeo, a SaaS software, from Hi Inov, Axeleo Capital, SNCF Digital Ventures and Partech Partners. Financial terms were not disclosed. "Ermeo has invested heavily in developing a next generation, highly configurable mobile platform that readily integrates with back-office applications. This ‘no-code’ solution brings all data and processes into one place, avoiding repetition, inefficient workarounds and potential data loss. This reduces risk and improves the effective delivery of field based activities," Phil Brown, Causeway CEO and Chairman.

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