Announced
Completed
Financials
Tags
Netherlands
custom software
Completed
Private Equity
Software
Acquisition
Domestic
Majority
Private
Friendly
Single Bidder
Synopsis
Vortex Capital Partners-backed MyBit Group, a specialist in custom software development, completed the acquisition of Ibuildings, a provider of custom software to companies and institutions. Financial terms were not disclosed. “Developing and managing state-of-the-art business-critical applications, robust development quality, passion for technology, this calling card from Ibuildings fits seamlessly with the DNA of the MyBit Group. We are pleased with the connection of Ibuildings to the MyBit Group and thus strengthen the position of the MyBit Group as a supplier of first-class custom software from Dutch soil. It fits perfectly within the buy-and-build strategy that we have developed together with investor Vortex Capital Partners,” Marcel Flipse, MyBit Group CEO.
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