M&A Deal Summary

Kinly Acquires Viju

On September 4, 2017, Kinly acquired internet software and services company Viju from Progressus Management

Acquisition Highlights
  • This is Kinly’s 1st transaction in the Internet Software and Services sector.
  • This is Kinly’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2017-09-04
Target Viju
Sector Internet Software and Services
Buyer(s) Kinly
Sellers(s) Progressus Management
Deal Type Merger

Target

Viju

Amsterdam, Netherlands
Viju is a global visual communications specialist, whose aim is to transform the way people communicate and collaborate in the workplace. Their solutions and services include video conferencing, audio visual integration and unified communications and collaboration. Viju was founded in 1998 and is based in Amsterdam, Netherlands.

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Buyer(S) 1

Buyer

Kinly

Amsterdam, Netherlands

Category Company
Sector Internet Software and Services
DESCRIPTION

Kinly is a global visual collaboration specialist on a mission to change the way people collaborate. They create and deliver cloud-based, high quality, secure and user-friendly video conferencing services to customers in over 120 countries. Kinly is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Netherlands M&A 1 of 2
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 MK2 Audiovisueel B.V.

Breda, Netherlands

MK2 Audiovisueel B.V. creates suitable solutions for audiovisual communication and information issues every day. The company has distinguished itself by the unique combination of products, writing custom software, and the optimal integration of the techniques within the customer situation. It offers customers both permanent and temporary installations. MK2 was formed in 1999 and is based in Breda, Netherlands.

Buy -

Seller(S) 1

SELLER

Progressus Management

Stavanger, Norway

Category Private Equity Firm
Founded 2006
PE ASSETS 550M NOK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Progressus Management AS is a Norwegian private equity firm focused on investments in proven businesses that are past the initial establishment phase. The Firm looks for platform businesses poised for significant growth. Progressues invests in public and private companies and looks to commit 20 to 120 million NOK per transaction. The Firm will consider investing in a wide range of sectors, including IT/technology, energy, and manufacturing sectors. Progressus is an 'hands on' investor and generally seeks controlling positions. Progressus Management AS was formed in 2006 and is based in Stavanger.


DEAL STATS #
Overall 2 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-21 Metron AS

Skotselv, Norway

Headquartered in Skotselv, Metron is Norway’s largest manufacturer of instruments for temperature and pressure monitoring for offshore, marine and process industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 Safran

Stavanger, Norway

Safran is a risk, project, and portfolio management software company. Safran has a client portfolio of Fortune 500 Global customers, many from the Engineering & Construction, Energy, and Infrastructure & Transportation sectors, and new customers have been signed up globally both directly and through international partners and resellers. Safran was established in 1997 and is based in Stavanger, Norway.

Sell -