Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Jayway gets acquired by French Devoteam
September 26, 2018

Jayway, a Malmö, Sweden-based software development house, announced getting into an agreement for selling the company to the Paris, France-based software group Devoteam. The transaction has the financial details undisclosed and was made for 75% of the shares in Jayway. The company employs 240 people in offices across Sweden and Denmark. Jayway reported sales of SEK 194m with EBIT of SEK 13m in 2017. Capitalmind acted as exclusive advisors to the sellers of Jayway in the sale to Devoteam.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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