M&A Deal Summary

K3 Business Technology Group Acquires Retail Support International

On April 25, 2016, K3 Business Technology Group acquired software company Retail Support International from VIA equity for 8M GBP

Acquisition Highlights
  • This is K3 Business Technology Group’s 6th transaction in the Software sector.
  • This is K3 Business Technology Group’s 3rd largest (disclosed) transaction.
  • This is K3 Business Technology Group’s 1st transaction in Denmark.

M&A Deal Summary

Date 2016-04-25
Target Retail Support International
Sector Software
Buyer(s) K3 Business Technology Group
Sellers(s) VIA equity
Deal Type Add-on Acquisition
Deal Value 8M GBP

Target

Retail Support International

Koge, Denmark
DdD Retail A/S is a provider of Point Of Sale software and hardware solutions. DdD's software suite is designed as an easy-to-install, 'plug and play' solution which is delivered via the cloud and licensed on a monthly, "consumption" basis.

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Buyer(S) 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 STATS #
Overall 8 of 9
Sector: Software M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 8
Country: Denmark M&A 1 of 1
Year: 2016 M&A 1 of 2
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-21 Willow Starcom

Chorley, United Kingdom

Willow Starcom Ltd. is a provider of remotely managed, on-premise and cloud-hosted IT support solutions together with related hardware, software support and consultancy.

Buy £2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-04 Merac

Exeter, United Kingdom

Merac Ltd. is an electronic point-of-sale and management system for the visitor attractions and leisure sector. Its solution, ‘MStore’, covers ticketing, hospitality and retail, as well as admission control, bookings, membership management, marketing, stock control, purchasing, customer relationship management and event management.

Buy £1M

Seller(S) 1

SELLER

VIA equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

VIA equity a/s is a private equity firm focused on buyouts and growth capital investments in Northern European companies. VIA can commit up to €35 million per investment and seeks companies generating revenues of €10 to €100 million. VIA will consider investing across a range of sectors, however, the Firm prefers opportunities in the technology, media, and telecom industries. VIA equity was formed in 2006 and is based in Hellerup, Denmark.


DEAL STATS #
Overall 13 of 30
Sector: Software M&A 4 of 8
Type: Add-on Acquisition M&A Deals 7 of 12
Country: Denmark M&A 7 of 19
Year: 2016 M&A 2 of 6
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 Neas Energy A/S

Aalborg, Denmark

Neas Energy A/S is a provider of energy management and revenue optimisation services form decentralised third-party owned assets. Neas Energy was formed in 1997 and is based in Aalborg, Denmark.

Sell kr.1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Mansoft

Holte, Denmark

Mansoft is a client management IT consultancy that provides advice, consulting services, and software products for application management, deployment, and management. Mansoft was formed in 2005 and is based in Holte, Denmark.

Buy -