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New Deal


Announced

netgo to acquire nitsche.

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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Software

Acquisition

Private

Pending

Friendly

Germany

Domestic

Majority

Single Bidder

business software

Synopsis

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netgo, a DATEV specialist, agreed to acquire nitsche, a business software solutions provider. Financial terms were not disclosed. "With the nitsche Group, we gain over three decades of experience in the law firm business and significantly increase the nationwide presence of netgo tax through the expansion to the south. We continue to expand the leading position of netgo tax and offer customers throughout Germany a unique service portfolio," Oliver Mauss, netgo CEO.

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