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  5. TIA Technology A/S Acquires goBundl ApS

M&A Deal Summary

TIA Technology A/S Acquires goBundl ApS

On February 8, 2018, TIA Technology A/S acquired software company goBundl ApS

Acquisition Highlights
  • This is TIA Technology A/S’s 1st transaction in the Software sector.
  • This is TIA Technology A/S’s 1st transaction in Denmark.

M&A Deal Summary
Date 2018-02-08
Target goBundl ApS
Sector Software
Buyer(s) TIA Technology A/S
Deal Type Add-on Acquisition

Target

goBundl ApS

Copenhagen, Denmark
goBundl ApS creates an online platform, where people are able to bundle together to create their own insurance groups, composed of family, friends or sports clubs - people who know and care about each other.

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Buyer(S) 1

Buyer

TIA Technology A/S

Virum, Denmark
Category Company
Founded 1997
Sector Information Technology
Revenue 138M DKK (2013)
DESCRIPTION

TIA Technology is a provider of standardized insurance software solutions in Europe and South Africa. The Company addresses the migration trend from legacy systems to standardized software and offers flexible and comprehensive suites of core insurance applications primarily for Property & Casualty insurers, Life & Pension, Health, and a number of innovative extension modules. TIA Technology was formed in 1997 and is based in Virum, Denmark.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2018 M&A 1 of 1
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