Gimv, the founders and management are selling their stake in Mega International to Bizzdesign.
With this acquisition, Bizzdesign - backed by leading software investor Main Capital – establishes a strong business combination that will be the absolute leader in the Enterprise Architecture and Digital Transformation space.
In a rapidly evolving Enterprise Architecture environment, both Mega International and Bizzdesign have gained strong expertise and relevant experience with assisting companies in professionalizing their IT and application landscape and facilitating digital transformations.
Since partnering with Gimv in 2016, Mega International has evolved into a mature global software company, with a presence in 10 countries and a team of around 350 employees. As part of a newly formed group with Bizzdesign, it is strategically positioned for accelerated growth and on track to becoming a global market leader.
Luca de Risi, CEO of Mega International, declares: “Bizzdesign is an excellent strategic and cultural match for Mega International. Our combined strengths and resources will greatly enhance the value of Enterprise Architecture in driving business transformation.”
Tom Van de Voorde, Managing Partner Smart Industries & Eric de La Vigne, Senior Principal Smart Industries, jointly declare: “During our investment period, Mega succeeded in reaching new heights and staying at the top of its industry with the Enterprise Architecture domain becoming a must have for its clients. As a minority growth investor, we had the opportunity to successfully work together with management and other shareholders united around one agenda: to make a better and futureproof company culminating in a new Enterprise Architecture powerhouse.”
The financial impact of this transaction was already included in the Gimv Trading Update of September 3rd. No further financial details will be disclosed. The closing of this transaction is still pending mandatory regulatory approvals.
