RIB Software SE (through its affiliates RIB Limited & RIB ITWO Software Private Limited), listed on Frankfurt Stock Exchange and an innovator in construction business providing software solutions across various industries worldwide, on 24 December 2019 invested in Indian company Capricot Technologies Private Limited, by means of a mix of debt and equity securities to the tune of over 20% of the company’s entire stake. Capricot is a value-added reseller of computer software and hardware, providing consulting/training services to various infrastructure and manufacturing industries in India.
RIB Invests into Capricot, an Indian BIM technology leader with over 20,000 active construction software USERS and thousands of IT clients in the building vertical. — Bloomberg
P&A Law Offices advised
Deal value: Confidential
2019-09-09
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