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Announced

Completed

Sea/ completed the acquisition of Setapp.

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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Private

Completed

Acquisition

software catering

Software

Friendly

Single Bidder

Cross Border

Majority

Poland

Synopsis

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Sea/, a SaaS platform focused on delivering the intelligent marketplace for fixing freight, completed the acquisition of Setapp, a technology company based in Poznan, Poland. Financial terms were not disclosed. "Setapp will continue to provide services to third parties whose projects will be ring-fenced from any other work being executed – as has always been the case. Setapp and Sea/ will seek to leverage their customer access to grow the centre of maritime technology excellence thereby benefitting those in the industry seeking talented teams for their projects," Sea/.

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