Announced
Completed
Financials
Tags
Cross Border
Private
software development
Software
Turkey
Acquisition
Majority
Private Equity
Completed
Friendly
Single Bidder
Synopsis
TeamSystem, a software solutions provider, agreed to acquire a 53% stake in Mikrogrup, an application software company, from Turkven-backed Dash Software, a software company. Financial terms were not disclosed. "We are delighted to join forces with TeamSystem, a company that shares our vision for supporting SMEs and their digital ecosystem with powerful software solutions. Together with the TeamSystem family, we will continue to focus on the unique needs of Turkish SMEs while leveraging TeamSystem’s global resources and technological capabilities. This transaction opens up new horizons for Mikrogrup, and we are committed to driving even greater value for our customers," Goktekin Dincerler, Mikrogrup Executive Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.