ACQUISITION OF IT MOTIVE GROUP BY PROVIDENCE EQUITY

02.12.2019

IT Motive specializes in supplying, implementing and supporting Dealer Management Systems (DMS) within the Benelux. For the Dutch and Belgian market this concerns the European Dealer Management System I’Car DMS.

Providence is one of the most prominent private equity firms in the world, specializing in investments in media, communication, education and information technology.

The sellers of IT Motive were assisted by Eric Spreij and Aziza Kaddouri.

See also: http://itmotive.eu/overname-itmotive/