GMT Holding B.V., based in the Netherlands, has sold GMT Europe to Nedvest Capital, a Dutch mid-market private equity investor, for an undisclosed consideration.
GMT Europe develops and supplies ERP software to organizations active in the waste management industry. In addition, the company provides implementation, consultancy, training and customer services.
Nedvest Capital invests in sustainable, responsible companies. The company's current investments include cinema chain JT Bioscopen, technical contractor TechniCon and internet service provider IT-Ernity.
GMT Holding B.V. has four direct subsidiaries with different IT activities.
Oaklins' team in the Netherlands acted as advisor to the seller in this transaction.
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