Announced
Completed
Financials
Sources
Tags
Germany
Domestic
Private
Completed
Single Bidder
Acquisition
Private Equity
digitization
Digital Services
Majority
Friendly
Synopsis
Marondo Capital, an investment company, completed the acquisition of SPH, an IT and consulting company in digitization and ERP solutions for the fashion, sports, and lifestyle industry. Financial terms were not disclosed. “The constant company growth and the proven management have convinced us to continue on their chosen growth path in the future. The deep understanding of the fashion industry, the Microsoft Dynamics 365 expertise, coupled with their innovative approaches, underlines the optimal conditions to become market leader in Europe.” Stefan Elsser, Marondo Capital Partner and Co-Founder.
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