Announced
Financials
Tags
Private Equity
Acquisition
Domestic
Software
software development
Friendly
Netherlands
software development kit
Private
Pending
Single Bidder
Majority
Synopsis
EMK Capital-backed Broad Horizon, an IT service management company, agreed to acquire Iquality, a specialist in the design, development, and management of customized cloud applications. Financial terms were not disclosed. "We are very excited to welcome the Iquality team to the Broad Horizon Group. This acquisition is right at the core of our strategy, complementing our portfolio with application development to our wider suite of services centred around Microsoft’s cloud propositions. At the same time, we are creating a strong application management practice with our teams across Iquality in the Netherlands and Delegate in Denmark. We are delighted to welcome the Iquality team to our Group of over 1k cloud engineers and consultants across North Europe and we look forward to jointly realizing our growth ambitions whilst providing our customers with unrivalled cloud services," Jean-Yves Charlier, Broad Horizon CEO.
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