Corten Capital-backed Matrix42 completed the acquisition of Efecte for €100m.

Corten Capital-backed Matrix42, an IT and network infrastructure management software developer, offered completed the acquisition of 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.