Sale of Ximedes to Cape Investment Partners

Sector(s)
TMT
Deal type
Buyout / MBO / Sell your business
Date
March 2021
Countries involved
Benelux

Client

Ximedes is a leading technology company that through its software development centre provides software engineering services complemented by hardware integration, hosting, and operational and support services

Deal

Capitalmind has advised the shareholders of Ximedes on the sale to Cape Investment Partners

Parties

Lead team

  • Ron Belt

    Ron Belt

    Managing Partner Benelux

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 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.