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New Deal


Announced

Trifork to acquire Vilea.

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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software development

mobile enterprise applications

Friendly

Private

Switzerland

Acquisition

Single Bidder

Majority

Software

Cross Border

Pending

Synopsis

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Trifork, an IT and business services provider, agreed to acquire Vilea, a Swiss-based IT-firm specializing in designing and delivering tailor-made mobile enterprise applications. Financial terms were not disclosed. "Switzerland is one of the core countries in our growth strategy, and by joining forces with the talented team of Vilea, we significantly improve our position in the country and gain a strong foothold within our Smart Enterprise business segment. In Trifork, we have a long track record of value creating acquisitions, and this is our first in Switzerland. There is a great match between our two companies, and I look very much forward to welcoming our new colleagues to the Trifork family," Jørn Larsen, Trifork CEO.

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