M&A Deal Summary

Aricoma Acquires Neofacto

On September 5, 2024, Aricoma acquired information technology company Neofacto

Acquisition Highlights
  • This is Aricoma’s 1st transaction in the Information Technology sector.
  • This is Aricoma’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2024-09-05
Target Neofacto
Sector Information Technology
Buyer(s) Aricoma
Deal Type Add-on Acquisition

Target

Neofacto

Esch-sur-Alzette, Luxembourg
Neofacto provides software services for financial institutions in Europe, in particular the European Investment Bank. These include API programming & integration between applications, web design (front- and backend, dB management), mobile app development and testing, DevOps (technical tools and training), business analytics, testing, and blockchain and AI services. Neofacto was formed in 2000 and is based in Esch-sur-Alzette, Luxembourg.

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Buyer(S) 1

Buyer

Aricoma

Prague, Czech Republic

Category Company
Sector Information Technology
DESCRIPTION

Aricoma is an end-to-end IT services and digital transformation company that develops services in the Czech Republic and Slovakia, to significantly strengthen its cooperation with the institutions and authorities of the European Union. The company also includes Sabris Consulting, Consulting 4U, KCT Data, and SYSCOM Software. Aricoma is based in Prague, Czech Republic.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Luxembourg) 1 of 1
Year (2024) 1 of 1