Gruppo TeamSystem Acquires H-umus for €4M

Acquisitions

Summary

Gruppo TeamSystem, an Italian provider of business management/ERP software and services, acquired the majority of H-umus for approximately € 4m.The seller was H-FARM.H-umus, which will mantain its HQ at H-Farm, develops multi-touch software that run on a variety of interactive platforms such as single & multitouch screen, iPad and iPhone.The company was led by CEO Fabio Carraro.Commenting on the exit, Riccardo Donadon, founder of H-Farm said: “This transaction marked a new future for H-umus, offering new opportunities for growth in a highly innovative sector”.

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Business Software SaaS ERP Software

Linked Companies

TeamSystem S.p.A.
$250M to $500M