June 3, 2024

Business Software Group launches a public takeover bid for Clever Global

Business Software Group launches a public takeover bid for Clever Global

BSG announced a Voluntary public takeover offer (OPA) About Clever Global after acquiring 72,474% of its shares. The offer values the company at 15.3 million euros, At a premium of 57.33% over the previous closing price.

Clever Global operates in more than 50 countries, It manages 6 billion euros in purchases and employs 440,000 workers for more than 35,000 companies through its Business Activity Coordination (CAE) platform.

Together with the previous acquisitions of Externalia (2021) and APSIS, these operations are projected to generate more than 33 million euros in annual turnover With more than 450 employees across five platforms in multiple countries.

The transaction consolidates BSG's strategy of acquiring mission-critical B2B software with recurring business models and scalable solutions in specialized verticals.

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