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Announced

Completed

Vitec Software Group completed the acquisition of Memorix from Karmijn Kapitaal.

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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Majority

Software

Denmark

management software

Completed

Domestic

Acquisition

Friendly

Single Bidder

Private

Synopsis

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Vitec Software Group, a Swedish software company, completed the acquisition of Memorix, a company that develops and delivers collection management software for archives, digital heritage, and collections, from Karmijn Kapitaal, an investment fund. Financial terms were not disclosed. “We look forward to work with our new owner who has a long term view and is committed to the continued development of the company. I am convinced that together we will continue to develop Memorix for the benefit of our customers today and in the future,” Bas Blokpoel, Memorix CEO.

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