Announced
Completed
Financials
Sources
Tags
Acquisition
software
Software
Spain
Majority
Domestic
Private Equity
Private
Completed
Friendly
Single Bidder
Synopsis
PSG Equity-backed Nalanda, a Spanish supplier risk and compliance management software platform for the construction and adjacent industries, completed the acquisition of Dokify, a provider of supplier risk and compliance management software solutions for non-construction sectors. Financial terms were not disclosed. "Through the combination with Dokify, we combine and extend the already extensive Nalanda community to offer our clients and their suppliers a safe framework for work and a significant number of commercial opportunities. By enhancing and diversifying our presence in non-construction sectors and expanding our range of solutions we seek to provide our clients with a reliable and flexible compliance software solution designed to mitigate outsourcing risk and develop, control and enforce health and safety policies effectively. We are thrilled to be partnering with Juan and the team at Dokify and believe that this acquisition will support our future international growth ambitions to become a pan-European leader in the supplier risk and compliance management software sector," Juan Gil Radabán, Nalanda Founder and CEO.
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