Target Aura Software
Seller Somers Holding
Buyer Stichting NBD Biblion
Advisory buy side IMAP Netherlands | M&A Advisory
O-twee Corporate Finance | Financial Due Diligence
Ploum | Legal Advisory Corporate M&A
Date announced 2021-11-23
Data Room provider Virtual Vaults

Story:

NBD Biblion, a Dutch provider of services and products to public (media) libraries, has acquired software supplier Aura Software, a supplier of software to school media libraries. With this acquisition, NBD Biblion wants to counteract the growing de-reading in Dutch education. By combining NBD Biblion's collection offerings, excerpts and reading advice with Aura's handy library software, the Library App and student reviews, more students are encouraged to read.

Source NBD Biblion
Source Ploum
Source MenA.nl