E-Spring advised Nerea Group

E-Spring, a corporate finance advisory firm dedicated to small & mid-cap companies, is pleased to announce the closing of the sale of Nerea to Prodware.

Present for more than 9 years on the market with Microsoft Dynamics CRM, Nerea is Microsoft’s leading partner in Belgium and Luxembourg. This leading position accompanied by a high-quality service positions Nerea as a key player in the sector.

Alain Conrard, CEO of Group Prodware, said “this acquisition aims at strengthening Prodware’s local geographical positions in Belgium and Luxembourg, with more than 70 new employees in perfect coherence with its positioning on digital offerings and in particular with Microsoft Dynamics 365”.

Dario de la Puente, CEO of Nerea, said “the combination with Prodware, a strong leader group, will enable us to develop our expertise much more rapidly in a fast-growing market, and allow the new group to offer a complete digital transformation and new IT challenges solution with serenity and performance”.

Founders of Nerea has chosen E-Spring Capital as financial advisor to conduct this operation. Dario de la Puente said “We are extremely pleased with the support provided by E-Spring during the whole process. Their deep understanding and commitment lead to a successful transaction”.

Nerea worked with the law firm Matray Matray and Hallet (M. Gautier Matray) for legal and contractual aspects.

About Nerea Group

Nerea Group is the leading company in Belgium and Luxembourg for Microsoft Dynamics CRM solutions. With more than 70 new employees the firm offer digital services in particular with Microsoft Dynamics 365.

About Prodware

Prodware Group, founded in 1989, is an international creator and integrator of industry and role-tailored IT solutions. Prodware is Microsoft’s leading partner in the EMEA area and Sage’s leading partner in French-speaking countries with 1.425 employees in 15 countries.