Announced
Financials
Sources
Tags
Software
Germany
Private Equity
Pending
digital marketing
software development
Acquisition
Domestic
Majority
Private
Friendly
Single Bidder
Synopsis
Armira, an investment holding company, agreed to acquire Factor Eleven, a digital marketing software company. Financial terms were not disclosed. “The combination of Armira’s deep understanding of the market, strategic approach, and confidence in our independence provides Factor Eleven with the best outset for achieving our goals. A special thanks to our M&A advisor GP Bullhound, who actively supported us with their experience and a strong global team,” Alexander Anhuth, Factor Eleven Founder and CEO.
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