ECI Software Solutions acquires Netherlands-based Trivest Beheer B.V
ECI Software Solutions, a leader in cloud-based business management solutions, has signed a definitive agreement to acquire Netherlands-based Trivest Beheer B.V., a provider of smart vertical software solutions to the SME manufacturing sector. With this acquisition, Trivest’s nearly 3,000 customers and more than 300 employees will join ECI’s manufacturing division.
Trivest is a portfolio company of family office Nedvest. Arma Partners served as a financial advisor to Trivest and JanssenBroekhuysen Advocaten served as legal advisor. William Blair served as financial advisor to ECI Software Solutions and Houthoff served as legal advisor.
The transaction is expected to close in the third quarter of 2019, subject to customary closing conditions including regulatory approval by the Netherlands Authority for Consumers & Markets (Autoriteit Consument & Markt).