Concorde MB Partners supported Capture, an IT services company operating in Austria and Hungary to negotiate on the establishment of a joint venture with two entrepreneurs. The joint venture aimed at providing support and direct sales for Automic, a multi-purpose working process automation software owned by Broadcom. This activity supplements the present activities of Capture Group, that is, the supply of project management solutions for corporations (the so-called PPM software). With establishing the joint venture, the parties aim at doubling the price revenue of Capture in the DACH region within 2 or 3 years.
Buyes were exclusively advised yb CMBP.
