CARTHAGO ICT SOLD TO AN INFORMAL INVESTOR

  • Transaction date:

    December 2018

  • Client:

    Committed Capital

Florin Finance acted as exclusive M&A advisor in the sale of Committed Capital’s equity stake in Carthago ICT to an informal investor and management.

Carthago ICT is a specialist in software development, -management and -security. From the locations in Hengelo and Veenendaal, the company supports its customers in the development of Java and .NET (customised) software applications and delivers software engineers on a secondment basis.

Committed Capital is a private equity investor in SME (tech) companies which have strong growth ambitions. The enterprise value of companies invested in ranges from €5 million to €40 million.