About the deal
Ximedes was sold to Cape Investment Partners. Ximedes is a leading software development player in the Fintech space and has been growing rapidly. With about a hundred employees and offices in the Netherlands, Serbia, and Germany, they have been consistently successful in delivering high-quality software solutions to banks, payment service providers and public transport companies. They are increasingly working internationally and are now working for major new clients in the Nordics and Germany.
Cape Investment Partners (CIP) is an entrepreneurial deal-by-deal investment platform with a consistent focus on transitional tailor-made value creation potential. It suited both the desires of the entrepreneurial management teams and the investors to participate in an interesting deal situation beyond the limits of traditional private equity funding. This resulted in the launch of the Cape Investment Partners platform as an entrepreneurial investment vehicle.
The investment by Cape Investment Partners will provide a solid basis to further grow the business (internationally).
What we did
Capitalmind Investec actively supported Ximedes as exclusive advisor along the sell-side process: marketing materials preparation, screening and selection of the relevant strategic buyers through a competitive process.