Announced
Completed
Synopsis
Bregal Unternehmerkapital-backed GENII, a provider of market, industry specific software solutions and services, completed the acquisition of a majority stake in Valk Solutions, a provider of omnichannel cloud solutions for retail organizations. Financial terms were not disclosed. “I am delighted to welcome Robert, Karin and their team to the GENII Group. Our investment reflects GENII’s strategy of being the best home for market-leading, entrepreneurial and niche enterprise software businesses, and the Go-To partner that best serves mission-critical processes. Valk Solutions strategically complements our existing Retail solutions and offers a modern, powerful, cloud-based solution to omnichannel retailers, providing them with strategic insights and a cost-effective, future-proof solution,” Matthias Siekmann, GENII CEO.
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