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New Deal


Announced

Copilot Capital to acquire Relesys for $48m.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium37%
One Off Charge-

Tags

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Public

Pending

Friendly

software development

Cross Border

Acquisition

Majority

Software

Denmark

Private Equity

Single Bidder

Synopsis

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Copilot Capital, an investment firm, agreed to acquire Relesys, a software development company, for $48m. “Copilot is in many ways the right partner to take Relesys to the next level and become the true leader in next-generation tech for frontline workers. In addition to funds to invest in our continued growth journey and market-leading employee engagement platform, Copilot brings strategic know-how, commercial and financial expertise and a strong network into the retail industry. We also share the same values for running a business like Relesys, and I am confident that this is the best long-term solution for our customers and the entire Relesys team, which is also reflected in our reinvestment in the new set-up,” Jesper Roesgaard, Relesys CEO.

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