Digital Mind expands its reach with acquisition of EIP Dynamics
Digital Mind, a leader in business process digitalization for large and mid-sized organizations in the Baltic states, has acquired EIP Dynamics, a prominent Microsoft Enterprise Resource Planning (ERP) solution provider based in Poland. EIP Dynamics is recognized for serving some of the largest companies both within Poland and internationally. This acquisition is a significant step for Digital Mind in expanding its market presence and capabilities.
Since 2005, Digital Mind has been providing tailored business application solutions for a wide range of sectors. With offices in Riga (Latvia), Vilnius (Lithuania), Warsaw (Poland) and Tallinn (Estonia), the company has a team of 180 professionals serving over 350 organizations. Forecast revenues for 2023 amount to US$15 million. This acquisition is set to transform Digital Mind into a scalable platform for executing further business acquisitions in the Central and Eastern European (CEE) region.
EIP Dynamics, a business management firm founded by renowned Polish serial technology entrepreneur Mr. Pawel Prasula, previously owned by EIP Group, has now transitioned to new leadership as part of this strategic acquisition. The deal is financed through an equity investment from Livonia Partners, supporting Digital Mind’s vision to establish a leading regional presence in Microsoft Business Applications across the Baltic and Central European countries.
Oaklins’ team in Latvia acted as buy-side advisor to Digital Mind, establishing contact with the seller and throughout the acquisition process.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Royal Reesink has sold Motrac Industries to Anders Invest
Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.
Aprenda másSTAC has been acquired by n2 Group
Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.
STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.
Winking Studios Limited completes a secondary fundraising of US$20 million
Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.
Aprenda más