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New Deal


Announced

Battery Ventures to invest in ORTEC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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decision support

data science

software

Private

Software

Minority

Single Bidder

Netherlands

Cross Border

Acquisition

Private Equity

Friendly

Synopsis

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Battery Ventures, an investment firm, agreed to invest in ORTEC, a global provider of decision support software and data science capabilities. Financial terms were not disclosed. "We are very pleased that Battery Ventures joins ORTEC as a strategic partner. With their knowledge, experience, and network, we can further drive innovation, expand our market reach and create additional impact for our customers," Michael van Duijn, ORTEC CEO.

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