Keensight Capital-backed Smile Group to acquire Synotis.

Keensight Capital-backed Smile Group, an internet firm, agreed to acquire Synotis, a data management specialist. Financial terms were not disclosed. "The acquisition of Synotis CH is in line with our Open Arrow strategic plan, which aims to increase the geographical coverage of the Smile Group on an international scale, with the support of its shareholders. By joining forces with Synotis CH's formidable teams, we are strengthening our presence in Switzerland and in data management, two markets that offer significant development prospects,” Marc Palazon, Smile Group CEO.