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New Deal


Announced

Completed

zvoove completed the acquisition of HelloFlex.

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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Friendly

software solutions

Netherlands

IT consulting services

Majority

Software

Acquisition

Private

Single Bidder

Domestic

Completed

Synopsis

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zvoove, a provider of HCM software, completed the acquisition of HelloFlex, a software consulting firm. Financial terms were not disclosed. "zvoove companies develop solutions for flex market service providers that are completely tailored to their countries of location. These are based on their in-depth knowledge of the local situation and specific customer requirements in their market. Customers can easily comply with national laws and regulations and benefit from our extensive knowledge and experience in research & development, product management and applications such as AI. This results in unparalleled total solutions for all business processes. The acquisition of HelloFlex fits in with ZVOOVE's tradition of acquiring national champions," Oliver Muhr, zvoove CEO.

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