Add-on Acquisition • Software

K3 Business Technology Group Acquires Landsteinar Nederland BV

On September 23, 2007, K3 Business Technology Group acquired software company Landsteinar Nederland BV for 10M GBP

Acquisition Context
  • This is K3 Business Technology Group’s 1st transaction in the Software sector.
  • This is K3 Business Technology Group’s largest (disclosed) transaction.
  • This is K3 Business Technology Group’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date September 23, 2007
Target Landsteinar Nederland BV
Sector Software
Buyer(s) K3 Business Technology Group
Deal Type Add-on Acquisition
Deal Value 10M GBP

Target Company

Landsteinar Nederland BV

Nootdorp, Netherlands
Landsteinar Nederland BV the Holland-based retail software solutions business. Company is a distributor of Microsoft-based retail software solutions. It also holds the worldwide rights to software modules specifically designed for Inter IKEA System B.V. (“IKEA”), the global home furnishings business. Landsteinar has a strong domestic and overseas customer base, with over half its customers based outside Holland.
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Buyer Overview 1

Buyer

K3 Business Technology Group

Manchester, United Kingdom

Category Company
Founded 1991
Sector Information Technology
Employees243
Revenue 23M GBP (2024)
DESCRIPTION

K3 Business Technology Group is an IT solutions supplier of integrated business systems encompassing Enterprise Resource Planning (ERP) software, Customer Relationship Management (CRM) software, Business Intelligence and e-commerce, hosting and managed services to the supply chain industry. K3 Business Technology Group was founded in 1991 and is based in Manchester, United Kingdom.


Deal Context for Buyer #
Overall 1 of 9
Sector: Software 1 of 6
Type: Add-on Acquisition 1 of 8
Country: Netherlands 1 of 1
Year: 2007 1 of 2
Size (of disclosed) 1 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-12 Index Computer Systems

Camberley, United Kingdom

Index Computer Systems Ltd. is a reseller of Microsoft Dynamics AX software. The software system is one of the fastest growing enterprise resource planning (“ERP”) solutions worldwide and Index is a Microsoft Gold Partner. Supported by Microsoft, Index has developed its own complementary modules to extend Dynamics AX’s functionality to support Food and Process Manufacturers.

Buy £3M