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 its 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.