Announced
Completed
Financials
Sources
Tags
Private Equity
Majority
Friendly
Software
Single Bidder
Completed
Public
Domestic
Germany
Application software products
Acquisition
software development
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.