Avanquest (Claranova) to Acquire PDF forge
April 4, 2022
Claranova’s Avanquest division entered into a binding agreement to acquire German PDF document software publisher pdfforge GmbH (“PDF forge”) for €24.5 million. The deal is expected to close no later than June 15, 2022, with €19 million paid at closing and €5.5 million paid one year later.
- Buyers
- Claranova (Avanquest division)
- Targets
- pdfforge GmbH (PDF forge)
- Sellers
- Philip Chinery
- Industry
- Software
- Location
- Germany
- Transaction Type
- Buyout
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