Ctac has acquired a 70% stake in Purple Square Management Partner
January 2020 — Business and cloud integrator Ctac N.V. has acquired a 70% stake in Purple Square Management Partners B.V. (Purple Square), a company that specializes in program and project management and change management.
Ctac develops and implements industry-tailored solutions responding specifically to the business processes of its customers that are active in a variety of markets. Ctac creates the required business value through constant innovation. The company offers a broad portfolio of solutions, including SAP and Microsoft, and provides services in the fields of consultancy, managed services, projects, learning and secondment. In addition, Ctac has its own products, including the XV Retail Suite, which consists of an omnichannel-driven point-of-sale and loyalty platform. Ctac has been in business for 27 years and has built up extensive experience and material know-how in the retail, wholesale, manufacturing and real estate sectors. In 2018, the firm recorded revenues of €83 million. Ctac is listed on Euronext Amsterdam (ticker: CTAC) and its head office is located in ’s-Hertogenbosch, the Netherlands.
Purple Square is a Netherlands-based company specialized in program and project management and change management. Purple Square was founded in 2014 and is based in Weert, Limburg. The team currently has 25 highly experienced project and program managers.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive buy-side advisor to Ctac N.V. in this transaction.
Talk to the deal team
Related deals
360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn moreSRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn moreSkynamo has been acquired by Klipboard
Klipboard, a global provider of vertical business management software, has completed the acquisition of Skynamo, a market-leading mobile field sales platform used by manufacturers, wholesalers and distributors worldwide. The acquisition adds Skynamo’s award-winning field sales platform to Klipboard’s portfolio and enhances its ability to support wholesalers, distributors and retailers in managing complex operations across many industries.
Learn more