BG company becomes part of the largest Microsoft representative in Europe
The Bulgarian software developer LLP Dynamics announced it had been acquired by the Austrian investment fund New Frontier Group with a turnover of over 250 million euro annually. Thus the company officially became the largest Microsoft Dynamics Representative for Europe.
In early 2015, after the deal is officially closed, the Bulgarian company will be merged with software giant XAPT, also owned by the Austrian fund. The deal will result in the doubling of the number of employees in Bulgaria and Romania.
The main scope of activity of LLP Dynamics Bulgaria is the implementation of ERP systems - systems for business management. The company is a leading Microsoft partner for the products Microsoft Dynamics AX and NAV, applicable to medium and large business companies in the European market.
LLP Dynamics has over 10 years of experience in implementing Microsoft systems. The company quickly became one of the most successful in Europe with a portfolio of over 400 clients and a turnover of almost 5 million euro per year.
The realization of this major investment and the merger of LLP Dynamics and XAPT the size of the company and its market share in different countries will significantly increase. After the merger the new company will have a total turnover of more than 35 million euro, over 350 employees and offices in Central Europe, USA, Canada and Australia. The head office of the company will be located in Vienna, Austria.
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