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M&A Deal Summary

Zitec Acquires Inotec Plus SRL

On September 19, 2016, Zitec acquired internet software and services company Inotec Plus SRL

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

M&A Deal Summary
Date 2016-09-19
Target Inotec Plus SRL
Sector Internet Software and Services
Buyer(s) Zitec
Deal Type Add-on Acquisition

Target

Inotec Plus SRL

Bucharest, Romania
Inotec Plus SRL is a web design and digital services company. Inotec was established in 2005 and is headquartered in Bucharest, Romania.

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Buyer(S) 1

Buyer

Zitec

Bucharest, Romania
Category Company
Founded 2003
Sector Software
Employees115
DESCRIPTION

Zitec is a software company specialized in online products and applications development. Zitec offers customized web applications in outsourcing system, based on our clients needs in various activity fields such as tourism, financial, e-commerce, video streaming and medicine, by using the latest technologies.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Romania M&A 1 of 1
Year: 2016 M&A 1 of 1
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