PSG-backed Imaweb Acquires Stieger

Imaweb Acquires Procar to Establish Presence in DACH Region

January 25, 2021

Software

Imaweb, a PSG-backed European automotive dealership software provider, has acquired Procar, a leading German provider of digital software solutions for dealerships, to establish a significant presence in the DACH market. The deal strengthens Imaweb's pan‑European footprint and creates a platform for further consolidation of dealer software vendors in the region; financial terms were not disclosed.

Imaweb Acquires Carswip

May 5, 2023

Software

Imaweb, a European provider of software solutions for the automotive industry, has acquired Carswip, a Danish SaaS provider of automotive remarketing and imaging solutions. The acquisition strengthens Imaweb's presence in the Nordics and enhances its product suite with Carswip's AI-driven photo capture and image-processing capabilities for dealers and OEM remarketing programs.

Imaweb (PSG-backed) Acquires FordonsData, CUSTEED and Midrange Solutions & Services

February 9, 2022

Software

PSG-backed Imaweb has acquired three companies—FordonsData, CUSTEED (GarageScore) and Midrange Solutions & Services (MSS)—to expand into the Nordics and add lead-generation, digital marketing and hosting capabilities to its automotive dealership SaaS suite. The acquisitions are add-on deals to Imaweb's platform as it builds a pan‑European one‑stop shop for dealer and OEM software solutions; financial terms were not disclosed.

Imaweb Acquires French AI-driven Remarketing Software Provider Stampyt

March 16, 2021

Software

Imaweb, a PSG-backed European provider of automotive dealership software, has acquired Stampyt, a French developer of AI-driven imaging and remarketing solutions for the used vehicle market. The acquisition (terms not disclosed) will expand Imaweb's aftersales and remarketing offerings and support the pan‑European rollout of Stampyt's technology; Stampyt's CEO Alexandre Launay will remain in place.

PSG Acquires Majority Stake in billwerk

May 20, 2021

Software

PSG, a growth equity firm, has acquired a majority stake in billwerk, a Frankfurt-based provider of subscription management and recurring billing software. Billwerk — founded in 2015 and employing more than 40 people across offices in Frankfurt, Minsk and Gdansk — will continue to be led by Co-Founder and CEO Dr. Ricco Deutscher as PSG supports the company’s international growth both organically and via strategic M&A; financial terms were not disclosed.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.