E-Spring Capital advises Nerea Group on sale to Prodware Group

  • 20/03/2017

Prodware has acquired NEREA, the leading company in Belgium and Luxembourg for Microsoft Dynamics CRM solutions.

Present for more than 9 years on the market with Microsoft Dynamics CRM, NEREA is Microsoft’s leading partner in Belgium and Luxembourg.

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.

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”.

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

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”.