Investcorp Technology Partners Acquires Majority Stake in VEDA GmbH

January 2, 2024

Investcorp Technology Partners (ITP) has agreed to acquire a majority stake in VEDA GmbH, a DACH-region HR software and payroll-as-a-service provider headquartered in Alsdorf, Germany. The investment will support VEDA's cloud growth, strengthen its go-to-market capabilities and enable expansion via add-on acquisitions; CEO Ralf Graessler remains invested in the business.

Buyers
Investcorp Technology Partners (Investcorp)
Targets
VEDA GmbH
Industry
Cloud & SaaS
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

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