Acquisition of Expansion by WoodWing

Transaction
WoodWing Group acquired 100% of the shares in Expansion. Key management of Expansion will stay on board and will hold an equity stake in the business combination. Rembrandt Mergers & Acquisitions assisted the shareholders of Expansion in realizing this transaction.

Expansion Holding B.V.
Expansion serves customers to increase efficiency in data filing, storage and document accessibility. In various branches, Expansion’s principal product Xtendis is the most widely used Document Management System (DMS) or Enterprise Information Management (EIM) system in the Netherlands. Xtendis acts as the backbone of customers’ back-office. After it is connected to any system, application or other data source used by a customer, it collects, organizes and safely stores all available data. Xtendis is designed as a fast and user-friendly solution, that makes the stored data and documents easily and comprehensively accessible.

More information is available at: www.expansion.nl.

WoodWing Group Holding B.V.
WoodWing offers solutions in, among others, content orchestration, digital asset management, workflow and publishing, digital services and multichannel content creation. WoodWing’s services enable brands and publishers to take a content-first approach that improves speed to market, workflow efficiency, and publishing to different channels.

More information is available at: www.woodwing.com.