InHouse Finance from Lithuania has acquired Improxy – Tecnologias de Informação in Portugal
InHouse Finance, a fintech focused on digital solutions for commercial and residential facility management, has acquired Improxy – Tecnologias de Informação, Lda. (Improxy).
InHouse Finance belongs to ICOR, one of the largest Lithuanian corporate group, consisting of more than 100 companies with 6,800 employees. ICOR is active in public utilities, industry and energy, trade in petroleum products, and real estate development. The group’s companies operate on three continents offering their services in more than 60 countries.
Improxy develops professional software for the condominium and real estate market. This acquisition will create synergies and complementary expertise and will help Improxy on its expansion in the Portuguese market.
Oaklins’ teams in Lithuania and Portugal collaborated closely to advise the buyer throughout the whole acquisition process. This transaction demonstrates how much value Oaklins can add to its clients through its global execution capabilities.
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