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  5. Vehco AB Acquires Groeneveld ICT Solutions B.V.

M&A Deal Summary

Vehco AB Acquires Groeneveld ICT Solutions B.V.

On August 20, 2018, Vehco AB acquired software company Groeneveld ICT Solutions B.V.

Acquisition Highlights
  • This is Vehco AB’s 1st transaction in the Software sector.
  • This is Vehco AB’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2018-08-20
Target Groeneveld ICT Solutions B.V.
Sector Software
Buyer(s) Vehco AB
Deal Type Add-on Acquisition

Target

Groeneveld ICT Solutions B.V.

Gorinchem, Netherlands
Groeneveld ICT Solutions B.V. is a provider of telematics and transport management software for a wide range of transport companies; from charters to large transport and distribution companies. Groeneveld ICT Solutions B.V. was founded in 1989 and is based in Gorinchem, Netherlands.

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Buyer(S) 1

Buyer

Vehco AB

Gothenburg, Sweden
Category Company
Founded 2001
Sector Software
Employees80
DESCRIPTION

Vehco AB is a provider of fleet management systems. The core business is to provide fleet management solutions to companies with commercial vehicles. Vehco AB was founded in 2001 and is based in Gothenburg, Sweden.

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: 2018 M&A 1 of 1
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