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Announced

Completed

EMERAM completed an investment in CoCoNet.

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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Minority

Germany

Software

banking software

Acquisition

Private

Completed

Friendly

Private Equity

Single Bidder

Domestic

Synopsis

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EMERAM, a private equity firm, completed an investment in CoCoNet, a corporate banking software provider. Financial terms were not disclosed. “I am immensely proud of what the CoCoNet team has achieved and with EMERAM we have found an experienced and long-term oriented investor who will be a strong partner to help us capitalize on opportunities in our next growth phase, while continuing to provide excellent customer service to our existing customers. As we embark on this exciting phase of expansion, we would like to express our gratitude to the former shareholders," Björn Hassing, CoCoNet Co-CEO.

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