skip to Main Content
+31 (0) 546 660 000
EuroDev M&A Transaction News

EuroDev M&A Transaction News

Almelo, NL, February 28, 2019

EuroDev M&A is pleased to announce that our client, Tecsys Inc. (“Tecsys”), has acquired PCSYS A/S. (“PCSYS”). Tecsys is headquartered in Montreal, Canada, and is publicly traded on the Toronto Stock Exchange. Tecsys focuses on providing transformative supply chain solutions to industry leaders in the healthcare and complex distribution sectors, allowing its clients to transform and optimize their supply chain. The company also a presence in the USA and UK. PCSYS is a company based in Denmark which provides data solutions for warehouse management, branding and transportation. Its software and hardware competencies enable to deliver total solutions in the supply chain industry.

With its high quality solutions, growth potential and solid financial performance, PCSYS was an attractive acquisition candidate for Tecsys. Tecsys saw an attractive opportunity given the high demand for high-quality solutions in the supply chain sector.

Tecsys purchased 100% of the shares of PCSYS for an aggregate purchase price of Danish Krone (DKK) 67.0 million (approximately C$13.7 million), subject to adjustments. PCSYS had revenue and operating profit for its fiscal year ended September 30, 2018 of DKK 75.3 million and DKK 9.0 million, respectively.

About EuroDev M&A  

EuroDev M&A, with offices in the Netherlands and France, specializes in European acquisition searches for North American based corporations and Private Equity Groups. It is part of the EuroDev Group, a Business Development Group providing its US and Canadian clients with integrated services to develop and expand their operations in Europe. Services include sales outsourcing, HR outsourcing and M&A advisory. Please do not hesitate to contact us should you wish to discuss further.

Gerben Groothuis
Managing Director

Back To Top