M&A Deal Summary

Sofindev Acquires Merkator

On December 22, 2023, private equity firm Sofindev acquired software company Merkator

Acquisition Highlights
  • This is Sofindev’s 3rd transaction in the Software sector.
  • This is Sofindev’s 19th transaction in Belgium.

M&A Deal Summary

Date 2023-12-22
Target Merkator
Sector Software
Buyer(s) Sofindev
Deal Type Buyout (LBO, MBO, MBI)

Target

Merkator

Zellik, Belgium
Merkator specialises in providing geospatial solutions to make networks and infrastructure of utilities, telecom companies and grid operators better and smarter. Merkator has developed its own software (Marlin) to create a digital twin of networks and combine them with geographical data, so that its customers can manage their networks more intelligently. Merkator was founded in 2008 and is based in Zellik, Belgium.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sofindev

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 600M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Sofindev Private Equity is a private equity firm focused on providing equity and subordinated debt to fund company expansions as well as buyouts of Belgian based companies. The Firm will consider both majority or minority positions and targets profitable companies with at least €10 million of revenue. Sofindev does not have any stated sector preferences and generally seeks companies exhibiting growth potential, with strong management, and potential to add value. Sofindev was established in 1991 and is based in Diegem, Belgium.


DEAL STATS #
Overall 21 of 23
Sector (Software) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 8 of 9
Country (Belgium) 19 of 21
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-08 Expertum

Erpe-Mere, Belgium

Expertum is a SAP consulting player in Benelux with offices in Belgium, the Netherlands, Slovenia & Croatia, with knowledge of a wide range of SAP products and support services (eg SAP S/4HANA, SAP C/4HANA, SAP Rise, SAP Analytics, SAP Business Technology Platform...) that have already been used for several years. Expertum was founded in 2006 and is based in Erpe-Mere, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Hillewaer

Knokke-Heist, Belgium

Hillewaer has specialized in coffee machines under the management. Hillewaert also distributes coffee systems where the design and technology are unique in the coffee world. Hillewaer was founded in 1997 and is based in Knokke-Heist, Belgium.

Buy -