MOSCOW TIME: 30.04.2024 14:28:00
Two investment funds managed by Da Vinci Capital Management — Da Vinci Private Equity Fund II L.P. have become shareholders of Softline, a IT solutions and services provider
Da Vinci to invest into Softline
Two investment funds managed by Da Vinci Capital Management — Da Vinci Private Equity Fund II L.P. have become shareholders of Softline, a IT solutions and services provider.
The company will provide financing to diversify its product range, strengthen its cloud business and to boost M&A expansion efforts in emerging markets. Previously, Softline acquired Compusoftware, a Brazilian IT company. "Our plans include more than 20 M&A transactions in BRICS countries with fast growth potential being the reason for choosing such regional profile," a company representative noted.
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