BID Equity Fund II acquires majority stake in Infopark Group, creator of the SaaS-based Content Management System Scrivito
BID Equity Fund II, a fund advised by BID Equity, acquires the majority of Infopark Group GmbH. Infopark is the manufacturer of the web-based Content Management Software Scrivito, which is used by well-known organizations in the private and public sector for the creation of highly secure and maintenance-free websites, web applications, portals and apps.
BID Equity’s investment will enable the Berlin-based vendor to boost its international expansion, enhance the product portfolio, and strengthen its partner channel.
The Infopark acquisition is a platform investment by BID Equity to pursue a Buy & Build strategy; the acquisition of synergistic companies to expand the Infopark portfolio is imminent.