M&A Deal Summary

Sofindev Acquires Dynamate

On April 16, 2024, private equity firm Sofindev acquired software company Dynamate

Acquisition Highlights
  • This is Sofindev’s 4th transaction in the Software sector.
  • This is Sofindev’s 21st transaction in Belgium.

M&A Deal Summary

Date 2024-04-16
Target Dynamate
Sector Software
Buyer(s) Sofindev
Deal Type Buyout (LBO, MBO, MBI)

Target

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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Buyer(S) 1

Buyer

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 23 of 23
Sector (Software) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 9 of 9
Country (Belgium) 21 of 21
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 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

Sell -