Symfonia (MidEuropa-backed) Acquires Romania's Softeh Plus

Accel-KKR Acquires Majority Stake in Symfonia from MidEuropa

June 29, 2023

Software

Accel-KKR has signed a growth buyout to acquire a majority stake in Symfonia, the Polish provider of accounting, payroll and ERP software. MidEuropa will retain a significant minority stake; the investment is intended to accelerate Symfonia's organic growth, cloud transition and M&A expansion across Central and Eastern Europe.

MidEuropa Acquires Sage Poland (Symfonia)

December 9, 2020

Cloud & SaaS

MidEuropa has agreed to acquire Sage Sp. z o.o. (Sage Poland / Symfonia) from The Sage Group plc, subject to antitrust approval, with completion expected in early 2021. MidEuropa plans to support Symfonia's growth — including new product development, expansion of its cloud offering and potential add-on acquisitions — to deepen its presence in the Polish ERP and payroll market for SMEs.

HTEC Acquires SYRMIA

February 13, 2024

IT Services

HTEC has acquired SYRMIA, an embedded software engineering firm based in Belgrade, Serbia, to expand its AI, machine learning, and embedded systems capabilities. The deal strengthens HTEC's engineering footprint in Southeast Europe and provides growth opportunities for the combined team's talent and client offerings.

Simfoni Acquires Xeeva

November 28, 2022

Software

Simfoni has acquired Michigan-based Xeeva, a provider of AI-powered indirect spend management and procurement solutions, to expand its capabilities in tail-spend management, spend analytics, eSourcing and payments automation. The deal strengthens Simfoni's composable procurement offering and aims to accelerate growth, scale operational infrastructure, and deliver expanded technology options and service levels for both companies' customers.

Warburg Pincus Makes Minority Investment in Softeon

October 17, 2019

Software

Warburg Pincus has made a minority growth investment in Softeon, a Reston, Virginia-based provider of supply chain and warehouse management software. The investment will fund Softeon’s expansion of sales and marketing, geographic presence, and product innovation; financial terms were not disclosed.

Ping Identity Acquires Symphonic Software

November 2, 2020

Cybersecurity

Ping Identity Holding Corp. has acquired Symphonic Software, a UK-based leader in dynamic authorization, to accelerate dynamic authorization and advanced policy-driven access controls within Ping’s Intelligent Identity platform. The acquisition expands Ping’s capabilities for API, data and resource protection—supporting enterprises pursuing Zero Trust identity-defined security and improved compliance.