Invest-IQ | Private Equity News – Europe

Kerridge Commercial Systems, specialising in business management software solutions, has acquired ERP solutions provider, TIS Software (trading as Strategix). Both businesses design software solutions specifically for the wholesale and industrial distribution sectors, so consolidation of the two companies is a strategic move to create a greater force within the industry. NVM Private Equity invested £9m [...]

Kitwave Limited, the local wholesaler of tobacco, alcohol, confectionery and soft drinks, has acquired North East based Automatic Retailing, the seller of confectionery and soft drinks to the automatic vending industry.  The recent acquisition will diversify the Group’s current customer base and strengthen its buying power. In March 2011, NVM Private Equity Limited invested £7.5 [...]