M&A Deal Summary

Savaco Acquires IT-Care nv

On February 25, 2020, Savaco acquired internet software and services company IT-Care nv

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

M&A Deal Summary

Date 2020-02-25
Target IT-Care nv
Sector Internet Software and Services
Buyer(s) Savaco
Deal Type Add-on Acquisition

Target

IT-Care nv

Poperinge, Belgium
IT-Care nv focus on the integration of the Cloud with Belgian companies. With Microsoft and Proximus as the main partners, IT-Care has grown into a successful IT service provider with a turnover of more than 5 million euros, where 30 colleagues support more than 600 satisfied customers every day. IT-Care was founded in 2008 and is based in Poperinge, Belgium.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Savaco

Kortrijk, Belgium

Category Company
Founded 1991
Sector Information Technology
Employees130
DESCRIPTION

Savaco is a Belgian IT service provider specializing in solutions with the impact that has clear strategic advantages for its clients. Savaco is active in the implementation and management of ICT infrastructures, supplying CAD & PLM software for product development, advising and implementing IoT technologies and providing productivity solutions. Savaco was founded in 1991 and is based in Kortrijk, Belgium.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Belgium M&A 1 of 2
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-31 Atri Services

Drongen, Belgium

Atri Services is an independent, personal IT advisory company that helps clients achieving their business goals. Atri Services is based in Drongen, Belgium.

Buy -