.
MergerLinks Header Logo

New Deal


Announced

Corten Capital-backed Matrix42 to acquire Efecte for €100m.

Financials

Edit Data
Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium90.8%
One Off Charge-

Tags

Edit

Digital Services

Pending

Majority

Tender Offer

Public

Friendly

Single Bidder

Finland

service management

Acquisition

Cross Border

Private Equity

Synopsis

Edit

Corten Capital-backed Matrix42, an IT and network infrastructure management software developer, offered to acquire Efecte, a software company, for €100m. "Efecte is a highly complementary acquisition for Matrix42. Organizations are under continuous pressure to deliver a great employee experience by rapidly identifying, responding to, and resolving employee requests and issues across all areas. Both companies share the same mission of achieving this through digitization and automation. We look forward to working with Niilo Fredrikson and his talented team at Efecte to create the leading European provider of service management software," Al Monserrat, Matrix42 Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US