arcplan, a leading global provider of business intelligence (BI) solutions, and ViewPoint Capital Partners, a leading European private equity house for software technology investments together with German bank HypoVereinsbank (HVB), today announced the completion of a EUR 27.5 million recapitalization through which ViewPoint has become a majority investor in the company.
The founders and the management of arcplan will maintain a significant minority interest in the firm. The transaction proceeds will partly be used for shareholder liquidity and to provide further resources for continued international expansion.
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