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Announced

Completed

Sandberg Capital completed the acquisition of a minority stake in Quantox Technology for $22m.

Financials

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Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Single Bidder

Private

software company

Friendly

Private Equity

Minority

Serbia

Completed

Software

Synopsis

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Sandberg Capital, an investment company, completed the acquisition of a minority stake in Quantox Technology, a software company, for $22m. “By entering into a partnership, we want to broaden our expertise and further strengthen our position as a leading IT employer in the region. Also, this investment will enable us to have a greater presence in the European and US markets, which will mean a lot to our clients by increasing the range of services in delivering high-end digital solutions and providing comprehensive IT support," Vuk Popović, Quantox Technology Founder.

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