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Announced

Completed

Cegid completed the acquisition of StorIQ.

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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Acquisition

Single Bidder

Friendly

Private

Majority

Software

Cross Border

software company

Completed

United Kingdom

Synopsis

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Cegid, a provider of cloud business management solutions for finance, completed the acquisition of StorIQ, a software company. Financial terms were not disclosed. “More than ever, the future of bricks-and-mortar stores will depend on the ability of retailers to accelerate and adapt so as to offer outstanding customer experiences as well as innovative and convenient services – while simplifying and monitoring in-store team task management. By capitalising on the current offerings of Cegid and StorIQ, brands and retailers will be able to offer an exceptional unified shopping experience across their entire store network while tapping into new sales opportunities,” Pascal Houillon, Cegid CEO.

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