Sale Sooqr to Spotler Group
Spotler Group, a company that has invested in building and developing a portfolio of leading digital marketing and communications technologies that simplify the complexity of multi-channel marketing, sales and customer service, has acquired Sooqr, a company that has an all-in-one conversion suite of tools for site search, recommendations and merchandising. By joining the Spotler Group, Sooqr will further enhance the personalised eCommerce capabilities of Squeezely, another company that Spotler Group bought in 2021. By bringing together Sooqr and Squeezely’s capabilities, the Spotler Group aims to create an emerging all-in-one Customer Data Experience Platform (CDXP). This will enable retailers to leverage insight into customer behaviour, preferences and buying patterns to personalise the end-to-end shopping experience and improve customer engagement, conversion rates and revenue, all in the same platform. Olym advised the selling shareholders on this transaction.
Groupe Berkem acquires i.Bioceuticals
Groupe Berkem, a leading player in bio-based chemicals and listed on Euronext Paris, has acquired i.Bioceuticals, Inc., the leading and exclusive North American distributor of nutritional ingredients, from the Dutch company INC (International Nutrition Company). Olym advised INC on this transaction.
Sale of Energique to Voff Premium Pet Food
Voff Premium Pet Food, a European leader within natural premium pet food, has acquired Energique. Energique specializes in the production, distribution and sale of raw pet food for cats and dogs. We advised the selling shareholders on this transaction.
Sale of Fortes Energy Systems to BDR Thermea
BDR Thermea Group, a European manufacturer and distributor of domestic and commercial water and space heating systems, has acquired heat network company Fortes Energy Systems, thereby expanding its portfolio of energy transition solutions for customers. Fortes Energy Systems is an internationally active specialist in collective heat and cold networks for residential, utility and industrial use. Its solutions combine a comfortable indoor climate, high hot water comfort, optimal system efficiency and low energy consumption. We advised the selling shareholders on this transaction.
Sale of M&I Broadcast Services to Valsoft Corporation
Valsoft Corporation Inc, a Canadian-based company specializing in the acquisition and development of software businesses, has acquired M&I Broadcast Services, a broadcast services software company that provides appealing, mission-critical software to the industry. M&I has several solutions across several broadcast platforms, including radio automation software OmniPlayer, as well as Nimbus Newsroom for radio, TV and online. M&I software is trusted by prominent European media companies such as RTL, DPG Media, Radio Italia and Talpa. We advised the selling shareholder on this transaction.
Axion BioSystems acquires CytoSMART
Axion BioSystems is a US-based life sciences tools company focused on advanced live-cell assay systems and a portfolio company of Summa Equity. Axion BioSystems has acquired CytoSMART, a Dutch biotechnology company focused on kinetic live-cell imaging analysis. The acquisition of CytoSMART puts Axion in a position for significant expansion in the fields of stem cell research, immuno-oncology, cell-based therapies, and drug discovery. We advised CytoSMART and its selling shareholders, including Holland Capital, BOM and ECFG (Eindhoven Corporate Finance Group), on this transaction.
Sale of Quantib to RadNet Inc.
We advised the former shareholders of Quantib, including Holland Capital, InnovationQuarter and Erasmus Medical Centre, in the sale of shares in Quantib to RadNet, Inc. (NASDAQ: RDNT), a US leader in providing high-quality diagnostic imaging services through a network of 350 owned and operated outpatient imaging centers. Quantib is a leading radiology artificial intelligence (“AI”) company focusing on clinical solutions for prostate cancer, breast cancer and neurodegeneration.
Standard Investment sells Synres to COIM
Standard Investment sold Synres (producer of synthetic resins for coatings/paints) to the Italian chemical group COIM. In 2015, Standard Investment together with management acquired Synres from DSM. In six years, volumes have grown by more than 60% and an extensive transformation program has been implemented. COIM is an international producer of speciality chemicals with head office in Milan, Italy. The acquisition is aimed on one hand at enhancing the existing production and expertise of Synres in the field of resins and, on the other hand, at creating added value for both shareholders and employees. Olym acted for Standard Investment in this transaction.
Four Seasons Food acquired by Hak
Neerlands Glorie Groente & Fruit BV, parent company of vegetable manufacturer HAK and HAK Fresh, has acquired all shares of Four Seasons Food. The latter company (40 employees, turnover €10M/year) was founded in 2008 and is specialized in the development and production of soups, sauces and meal solutions in stand-up pouch packaging, largely based on vegetables and pulses. We advised the sellers in this transaction.
PSG Makes Growth Investment in Visualfabriq
Visualfabriq has partnered with leading growth equity investment firm PSG. Visualfabriq’s SaaS platform supports global consumer packaged goods (CPG) manufacturers in managing and optimizing their promotions and demand planning. Its solutions are designed to improve revenue growth management for the world’s leading CPG brands by integrating big data, AI and intuitive workflows. PSG is a leading growth equity firm that focuses on partnering with mid-market software and technology-enabled services companies. PSG’s investment aims to accelerate Visualfabriq’s organic growth and assist in future product development. We advised Visualfabriq and its shareholders on this transaction.