The shareholders of SIV.AG, Roggentin, have sold 100% of their shares to Harris Computer Systems, part of the Canadian Constellation Software Group. Network Corporate Finance has exclusively advised SIV.AG and its shareholders in connection with this transaction.
|Industry:||IT & Software|
|Description:||Sale to strategic investor|
The shareholders of Roggentin, Germany based SIV.AG have sold 100% of their shares to Ottawa, Canada based Harris Computer Systems, a part of the Constellation Software Incorporated group of companies. For SIV the transaction represents an important milestone in its 25-year history and secures the further international growth path of the company.
Established in 1990, SIV.AG is one of the leading solution providers for German and international energy and water distribution companies. Over 300 both private enterprises and public municipalities in Germany alone trust in the flexible expandable and web-enabled software solution kVASy®.
The product portfolio of SIV Group spans the entire spectrum of services from software development, business process consulting, project management, IT security certifications and the training spectrum of SIV academy to provide innovative cloud services and customized IT infrastructure and process services.
For additional information on SIV.AG: www.siv.de