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Announced

Aptean to acquire Objective from Alpina Capital 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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Cross Border

Single Bidder

Friendly

Acquisition

workforce management solutions

Private Equity

Belgium

Pending

Productivity Software

Software

Majority

Private

Synopsis

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Aptean, a developer of application software, agreed to acquire Objective, a provider of innovative manufacturing execution systems, warehouse management systems and workforce management solutions, from Alpina Capital Partners, an independent technology investment firm. Financial terms were not disclosed. “We are delighted to join Aptean to accelerate our growth as we continue to provide innovative solutions for customers across Europe. This transaction expands our offerings and enables both our customers and Objective to benefit from Aptean’s significant resources, technological expertise and global reach," Peter-Robin Mijderwijk, Objective CEO.

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