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New Deal


Announced

BRP Systems to acquire Astrofarm.

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

it-management

Digital Services

Cross Border

Majority

Norway

Single Bidder

Acquisition

Friendly

Pending

Synopsis

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BRP Systems, a provider of digital solutions to cater for the changing cross-border financial and fiscal regulatory environment, agreed to acquire Astrofarm, an IT-management service provider. Financial terms were not disclosed. “It is with great pleasure that we today can welcome Astrofarm to the BRP family. With the acquisition of Astrofarm, we get a platform for accelerated growth in Norway, expand our offering and add valuable competencies and talent to our existing organization - which will benefit both existing and new customers. The acquisition further strengthens our position as one of the leading suppliers to the fitness & leisure industry in Europe,“ Thomas Säld, BRP's CEO.

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