CPMLive, based in Breda, is a software company that offers Corporate Performance Management solutions to the childcare and primary education sectors. Their software is designed to optimize financial, operational, and strategic performance, and to provide real-time insights to support decision-making. CPMLive has an established customer base in the Dutch childcare and primary education sectors.
Ovivio NL is an innovative software company that offers solutions for the childcare and primary education sectors, including daycare management software, parent communication apps, learning platforms, and teacher support tools. Its focus is on providing smart solutions for these sectors to help improve efficiency, quality, and compliance.
With this acquisition, CPMLive is able to expand its customer base and strengthens its position in the childcare and primary education market.
Johnny van Cadsand, COO of CPMLive, commented on the acquisition, saying: “This collaboration makes it possible to create even more insights for our customers. The acquisition contributes to KidsKonnect’s mission to provide maximum support to childcare and education, so that they can focus on what really matters, namely the children. And that is fully supported by CPMLive. We are also very happy with Stepstone Corporate Finance’s added value during the process and during the 1-on-1 negotiations.”
Peter Baars, CEO of KidsKonnect, also spoke about the deal, saying: “By combining the innovation power of both companies, we are more than ever able to provide childcare with even smarter data-driven solutions. This way, our customers know what happened, why it happened, and above all, what is going to happen.”
We would like to thank 9Corporate for their legal advice and STP Tax for their tax advice during this transaction. Their expertise and support were instrumental in helping us achieve a successful outcome for all parties involved.
