Announced
Completed
Financials
Sources
Tags
Majority
Private
United Kingdom
depot management software
Software
Acquisition
Cross Border
Private Equity
Friendly
Single Bidder
Completed
Synopsis
Everfield, a private equity firm, completed the acquisition of DepotNET, a provider of depot management software solutions. Financial terms were not disclosed. “This acquisition marks a huge milestone for Depotnet. In joining forces with Everfield, we are brilliantly positioned to take the business to new heights, in particular accelerating some of our longer-term technology ambitions, as well as securing long term future opportunities for our amazing staff. We selected Everfield as a partner due to Everfield’s deep strategic knowledge, alongside their commitment to retain the Depotnet brand, the management team and our long-term vision to deliver increasing value from every aspect of our software in an ever-changing market. This investment will allow us to support and expand the cutting-edge software solutions that thousands of our users have come to rely on,” Holly Dalby, Depotnet Managing Director.
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