Announced
Completed
Financials
Sources
Tags
hr software
Software
Completed
Germany
Acquisition
Friendly
Single Bidder
Majority
Domestic
Private
Synopsis
ProALPHA, a provider of ERP+ software solutions for mid-market manufacturing companies, completed the acquisition of Persis, a provider of innovative HR software solutions. Financial terms were not disclosed. "Our team has successfully built one of the leading HR management platforms in the DACH market, addressing key industry needs. As the organization continues to grow, we decided to partner with one of the leading German ERP software providers to leverage strategic synergies. We are convinced that with proALPHA we have found the perfect partner to successfully shape the future of Persis," Katja Kolb, Persis CEO and Rainer Kolb, Persis Founder.
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