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Announced

Completed

Waterland-backed Skaylink completed the acquisition of root360.

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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Germany

Acquisition

Completed

Majority

Friendly

Software

Private

Domestic

Private Equity

software services

aws specialist

Single Bidder

Synopsis

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Waterland-backed Skaylink, a managed cloud services provider, completed the acquisition of root360, a AWS services provider. Financial terms were not disclosed. “With Skaylink, we have found a partner, who follows a cloud-focused approach, which mirrors our own. We are convinced that we will be able to further expand our efficient cloud methodology and approach as part of the Skaylink group," Michael Ablass, root360 CEO.

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