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New Deal


Announced

Completed

zvoove completed the merger with Pivoton.

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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Majority

Software

SaaS provider

Acquisition

Private

Friendly

Netherlands

Cross Border

Single Bidder

Merger

Completed

Synopsis

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zvoove, an innovative software solutions developer, completed the merger with Pivoton, a SaaS provider. Financial terms were not disclosed. "The Netherlands is one of the most important markets for temporary staffing companies worldwide. The merger has a high strategic value for us and further expands our European market leadership. At the same time, our customers in Germany and Switzerland will benefit from the transaction, as we now have even more temporary staffing market experts within Europe which are driven to deliver further competitive advantages via innovative software to our customers," Oliver Muhr, zvoove CEO.

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