Strada Partners, a European growth-oriented investment firm, and Think2Act, a Belgium based investment firm, completed the acquisition of Elsyca, a software company, for €30m. “Elsyca has already developed a strong product portfolio and has built up an impressive international customer base, both trajectories which we want to continue growing. In addition to autonomous growth, we will actively look for acquisition targets in Europe and beyond, in order to further strengthen Elsyca’s market position and to further develop their engineering and simulation software portfolio,” Matthias Vandepitte, Strada Partners Managing Partner.