QBS Technology Group has acquired Prianto Group, one of the leading providers of value-added distribution of enterprise software in Germany.
The parties agreed not to disclose the transaction volume. The transaction was characterised by the complex shareholder structure of Prianto Group and involved the acquisition of twelve companies in a total of ten different jurisdictions (Germany, France, the UK, the Netherlands, Switzerland, Austria, Poland, Turkey, South Africa and Hungary). The CMS team was led by Marcel Hagemann, Dirk Jannott and Katharina Franitza (CMS Germany).
The acquisition is an important milestone for QBS. The transaction establishes the largest provider of enterprise software distribution and value-added distribution in the EMEA region (Europe, Middle East and Africa) with a turnover of around USD 600 million and 400 employees in twelve countries.
