M&A Deal Summary

Twyns Acquires Redora B.V.

On March 5, 2020, Twyns acquired software company Redora B.V.

Acquisition Highlights
  • This is Twyns’ 1st transaction in the Software sector.
  • This is Twyns’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2020-03-05
Target Redora B.V.
Sector Software
Buyer(s) Twyns
Deal Type Add-on Acquisition

Target

Redora B.V.

Woerden, Netherlands
Redora B.V. is a specialist in the field of digital enforcement focused on building a suitable digital solution for every enforcement organization, using the Redline application developed by Redora. By making smart connections between the various data sources, it makes digital enforcement accessible to everyone. Redora was formed in 2006 and is based in Woerden, Netherlands.

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Buyer(S) 1

Buyer

Twyns

Amsterdam, Netherlands

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Twyns is a provider of digital parking enforcement and mobility solutions and systems for municipalities, with its solutions being used by a fast-growing and international customer base. Twyns was formed in 2010 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2020 M&A 1 of 1