MidEuropa Acquires Sage Poland (Symfonia)
December 9, 2020
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.
- Buyers
- MidEuropa
- Targets
- Sage Sp. z o.o. (Sage Poland / Symfonia)
- Sellers
- The Sage Group plc
- Industry
- Cloud & SaaS
- Location
- Poland
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
Symfonia (MidEuropa-backed) Acquires Romania's Softeh Plus
January 10, 2024
Software
MidEuropa-backed Symfonia, a leading Polish provider of accounting, payroll and ERP software for SMEs, has acquired Softeh Plus, a Romanian ERP software provider focused on the healthcare sector. The deal is Symfonia’s first acquisition outside Poland and is intended to accelerate its geographic expansion into Romania and strengthen its healthcare vertical and ERP capabilities in CEE.
-
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.
-
DSD Business Systems Acquires InTWO's Sage Mid‑Market Solutions Practice
January 24, 2022
IT Services
DSD Business Systems has acquired the Sage Mid‑Market Solutions practice from InTWO, a cloud technology services provider and subsidiary of RIB Schneider Group. The deal, facilitated by ITX, expands DSD's Sage and mid‑market ERP capabilities and consolidates InTWO's Sage practice under DSD's North American services platform.
-
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.
-
Perwyn and SilverTree Equity Invest in SALESmanago
November 1, 2021
Cloud & SaaS
Perwyn and SilverTree Equity have completed a growth investment in Krakow-headquartered SALESmanago, a SaaS Customer Data Platform and marketing automation provider. The funding will accelerate SALESmanago's international expansion and product development as it targets leadership in the mid-market CDP and marketing automation space.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.