Sale of shareholding in Kadenza to management

Management acquired the remaining shares of Kadenza from Synergy Investment Group. Kadenza is a Dutch specialist in business intelligence with approximately 40 employees. Customers are leading companies in the field of finance, telecommunications, retail and transport. Synergy Investment Group is focused on the development, launching and facilitating of independent companies in the Human Capital industry.

PhiDelphi acted in this transaction as advisor to Synergy Investment Group.