Announced
Financials
Sources
Tags
Cross Border
Single Bidder
Friendly
Acquisition
Pending
Majority
software systems
Private Equity
Software
Private
Germany
Synopsis
Waterland Private Equity, an independent private equity investment group, agreed to invest in MT, a specialist for customised IT and software systems as well as analytics solutions. Financial terms were not disclosed. "MT is an impressive software developer and reliable solution provider for tailor-made, modern applications and high-performance analytics platforms. We see great growth potential in the market based on the increasing digitization of industries and are convinced that MT is well positioned to benefit from this development. We look forward to working together and growing together in the interests of customers and employees," Gregor Hengst, Waterland Partner.
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