The shareholders of Strypes Bulgaria have sold 100% of the outstanding share capital to the listed Dutch company ICT Automatisering N.V. (“ICT”).
This acquisition enables ICT to respond to the shortage of highly skilled technical staff in the Netherlands and the growing customer demand towards outsourcing using modern development techniques.
Lindenaar & Co acted as advisor to the shareholders of Strypes Bulgaria during the entire sale process. The activities consisted amongst other of writing an information memorandum, preparing a valuation analyses, structuring of the transaction, coordination of the due diligence process, final negotiations and closing of the transaction.
Profile Strypes Bulgaria
Strypes Bulgaria, founded in 2008 and located in Sofia, is a reputable near-shore company specialised in embedded and industrial software. The company delivers consultancy, project-management, development and engineering services through an effective near-shoring model. The combination of market knowledge, skilled professionals and technology specialization enables Strypes Bulgaria to provide best in class solutions for complex technology challenges of its clients.
Profiel ICT Automatisering
CT’s goal is to simplify and improve their clients’ business, production and communication processes and to make them more flexible. They do this by using high-grade technological expertise. They deploy this expertise in the form of inventive and effective product and market combinations. ICT is organised in line with the markets they serve. ICT has six verticals: Automotive, Industrial Automation, Logistics, Machine & Systems, Healthcare and Energy. Each vertical offers professionals with specific know-how and expertise of a market’s products and processes.