Borromin Capital-backed Qits to acquire GERMO.

Borromin Capital-backed Qits, a service provider for document management, agreed to acquire GERMO, a document generation and multi-channel output management software business. Financial terms were not disclosed. “I look forward to working with GERMO and its director, Theo Röder. Together, we offer our customers a unique service portfolio, including cloud-based and on-premises output management solutions. I am convinced that this will be a milestone for the further development of the group in the future,” Oliver Winkelmann, QITS CEO.