Prophix Broadens its Reach and Capabilities with the Acquisition of Sigma Conso
Summary
MISSISSAUGA, Ontario and BRUSSELS, Belgium, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Prophix, a global leader in Corporate Performance Management (CPM) software, today announced the acquisition of Brussels, Belgium-based Sigma Conso, a CPM software and services provider with a recognized expertise in financial close management and financial planning and analysis. We are convinced that bringing on Sigma Conso as part of Prophix will achieve just that.” Filip Van Innis, Investment Director at Fortino Capital, said, “By joining forces, both companies will become an even stronger contender in the Office of the CFO space. With Prophix, finance leaders improve profitability and minimize risk by automating budgeting, forecasting, and reporting and puts the focus back on what matters most – uncovering business opportunities. Deep technology expertise, complemented by vertical application specialisation and dedicated operational support, provides a compelling proposition to management teams looking to scale their businesses. Based in London, Munich and New York, Hg has a portfolio of over 35 software and technology businesses, worth around $70 billion aggregate enterprise value, with over 55,000 employees globally, growing at over 20% per year.
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