M&A Deal Summary

Dynamate Acquires Christiaens

On April 16, 2024, Dynamate acquired internet software and services company Christiaens from Sofindev

Acquisition Highlights
  • This is Dynamate’s 1st transaction in the Internet Software and Services sector.
  • This is Dynamate’s 1st transaction in Belgium.

M&A Deal Summary

Date 2024-04-16
Target Christiaens
Sector Internet Software and Services
Buyer(s) Dynamate
Sellers(s) Sofindev
Deal Type Add-on Acquisition

Target

Christiaens

Zonnebeke, Belgium
Christiaens has more than 40 years of experience with implementations of Microsoft Dynamics 365 Business Central and self-developed apps - including 'BoCount' Dynamics - at more than 600 customers, in various sectors. In addition to financial and ERP solutions, Christiaens also offers IT infrastructure solutions, including hardware, system software, backup, cloud, virtualization, networking, IT security and related managed services. Christiaens is based in Zonnebeke, Belgium

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Buyer(S) 1

Buyer

Dynamate

Gent, Belgium

Category Company
Sector Software
DESCRIPTION

Dynamate is a provider of total solutions for the digitisation needs of small, medium and large businesses. Dynamate further expanding its offering of ERP software based on Microsoft Dynamics 365 Business Central, modern workplace and IT infrastructure solutions including cloud, managed services and cybersecurity. Dynamate is based in Gent, Belgium.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Belgium) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Sofindev

Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 600M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Sofindev Private Equity is a private equity firm focused on providing equity and subordinated debt to fund company expansions as well as buyouts of Belgian based companies. The Firm will consider both majority or minority positions and targets profitable companies with at least €10 million of revenue. Sofindev does not have any stated sector preferences and generally seeks companies exhibiting growth potential, with strong management, and potential to add value. Sofindev was established in 1991 and is based in Diegem, Belgium.


DEAL STATS #
Overall 11 of 11
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 6 of 6
Country (Belgium) 11 of 11
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 Dynamate

Gent, Belgium

Dynamate is a provider of total solutions for the digitisation needs of small, medium and large businesses. Dynamate further expanding its offering of ERP software based on Microsoft Dynamics 365 Business Central, modern workplace and IT infrastructure solutions including cloud, managed services and cybersecurity. Dynamate is based in Gent, Belgium.

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