M&A Deal Summary

BID Equity Advisory Acquires EvidentIQ Group

On September 13, 2019, private equity firm BID Equity Advisory acquired software company EvidentIQ Group

Acquisition Highlights
  • This is BID Equity Advisory’s 2nd transaction in the Software sector.
  • This is BID Equity Advisory’s 2nd transaction in Germany.

M&A Deal Summary
Date 2019-09-13
Target EvidentIQ Group
Sector Software
Buyer(s) BID Equity Advisory
Deal Type Buyout (LBO, MBO, MBI)

Target

EvidentIQ Group

Munich, Germany
EvidentIQ Group offers its comprehensive SaaS platform “Marvin”, a tailor-made software solution for the support of clinical studies. In addition to data management, it also includes randomization, study equipment management, patient surveys, coding, and reporting. It covers the processes from study design to submission of results to audiences. EvidentIQ Group was founded in 2002 and is based in Munich, Germany.

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Buyer(S) 1

Buyer

BID Equity Advisory

Category Private Equity Firm
Size Small
Type Sector Focused
DESCRIPTION

BID Equity is a private equity firm focused on acquisitions of technology and software companies. The Firm targets small to mid-sized opportunities in German-speaking Europe and has a preference for roll-up situations. BID Equity is based in Hamburg.

DEAL STATS #
Overall 4 of 6
Sector (Software) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 2 of 4
Country (Germany) 2 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 eSight Energy

Cambridge, United Kingdom

eSight Energy Ltd. is a developer and supplier of energy management software. eSight enables organizations to centralize and analyze all types of data affecting the energy efficiency of their buildings and equipment regardless of the data’s source, system, or format. eSight Energy was founded in 1998 and is based in Cambridge, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Midoco

Hilden, Germany

Midoco is a provider of midoffice/ERP-software for the travel industry. The software with the same name is a saas-solution and is being used by leisure travel agencies, business travel centers, online travel agencies, and tour operators for the administration of booked travel packages. Midoco was founded in 2004 and is based in Hilden, Germany.

Sell -
Mergr

Product

Company

Legal