Columbus A/S acquired Tridea Partners, LLC for DKK 61.8 million.
January 08, 2017
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Columbus A/S (CPSE:COLUM) acquired Tridea Partners, LLC for DKK 61.8 million on January 9, 2017. The amount to be paid at closing is DKK 47.6 million. The remaining amount of DKK 14.2 million is dependent on the agreed earnings targets, and is expected to be paid over the next two years. The acquisition is financed by Columbus’ own available funds. Tridea Partners will operate under the name Tridea Partners-a Columbus company. Tridea Partners had revenue of DKK 40 million and EBITDA of DKK 6.5 million in 2015.
Columbus A/S (CPSE:COLUM) completed the acquisition of Tridea Partners, LLC on January 9, 2017.
Columbus A/S is a Denmark-based software company active within the information technology (IT) industry. It provides industry-specific technology solutions based on Microsoft Dynamics' business platform in a range of industries. Columbus A/S is engaged in the supply, development and implementation of specialty software solutions grouped in three areas: Food, Retail and Manufacturing. It also provides consulting services and industry solutions for the areas of manufacturing, logistics and food processing. The Company operates around 30 offices worldwide and subsidiaries based in Denmark, Norway, the United Kingdom, the Netherlands, the Russian Federation, Ukraine, Kazakhstan, Lithuania, Estonia, Poland, Latvia and the United States. Its subsidiaries include Columbus Norway AS, Columbus Eesti AS, To-Increase Holding, Omnica, Dynamics Anywhere, InterDyn BMI, SYSTEMHOSTING A/S, and Sherwood Systems Ltd., among others.
COLUMBUS A/S 
