Announced
Completed
Financials
Tags
Software
Germany
Private
Acquisition
software development
Friendly
Single Bidder
Cross Border
Majority
Private Equity
Completed
Synopsis
Insight Partners-backed AMCS, a global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling and resource industries, completed the acquisition of Quentic, a solution provider of Software as a service for EHSQ and ESG management. Financial terms were not disclosed. "We have built Quentic on the values of making a meaningful contribution to people, society and the environment. Therefore, we are excited to have found a partner in AMCS who fully aligns with our mission to digitally empower companies across the globe to manage people, business and environmental processes sustainably at all levels. Together with AMCS, the Quentic management team will continue to shape the future," Markus Becker, Quentic CEO.
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