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New Deal


Announced

Completed

Intermediate Capital-backed proALPHA completed the acquisition of CP Corporate Planning from HANNOVER Finanz.

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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Private Equity

Majority

Friendly

Software

Single Bidder

Completed

Public

Domestic

Germany

Application software products

Acquisition

software development

Synopsis

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Intermediate Capital-backed proALPHA, an ERP software provider for SMEs, completed the acquisition of CP Corporate Planning, a developer of management, planning, information and early-warning software sytem, from HANNOVER Finanz, an investment firm. Financial terms were not disclosed. "We are happy to have won Corporate Planning for our portfolio as they leverage our transformation into an innovation platform," Eric Verniaut, proALPHA CEO.

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