IBEX Wachstumspartner completed the acquisition of a majority stake in Softfolio.

IBEX Wachstumspartner, a private equity firm, completed the acquisition of a majority stake in Softfolio, a German software and IT solutions provider. Financial terms were not disclosed. “We are delighted to be able to continue Softfolio’s success story as a new partner and see Sage as the leading software suite for medium-sized businesses with a strong market position. Both on-premises and in the increasingly important cloud sector. Softfolio, as a Business Platinum Partner and proven Tech Competence Partner, is uniquely positioned and has many years of experience in the market. The Sage partner network also offers significant potential to bring additional companies into the group, pooling resources and expertise to create an even better service offering for customers. We are already looking forward to working with Andy Väth and his team on further development," Jan Dreesen, IBEX Managing Director.