Transaction Details

December 12, 2019


Technology, Software

Deal Type

Mergers and Acquisitions

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GCA Advises Implico, a Portfolio Company of BPE, on the Acquisition of Brainum

GCA acted as exclusive buy-side financial advisor to BPE and Implico on the acquisition of Brainum, a fast-growing provider of cloud-based terminal management systems.

Implico is a leading software provider for the global oil and gas industry and employs more than 200 specialists in the US and Europe. The company offers software solutions, data and consulting services covering the entire supply chain for downstream oil and gas companies.

Brainum, established in 2007, is a fast-growing software vendor specialized in the development and implementation of mission-critical software for liquid bulk storage and trading companies.

The acquisition of Brainum marks a big step in the growth strategy of Implico by combining the innovation programs of both companies, especially in the future-focused areas of cloud and digitization. Implico offers OpenTAS, a feature-rich automation software for tank farms and refineries. In addition, the firm develops an SAP downstream solution. Brainum has QINO, a powerful cloud-based terminal management system, in its portfolio. After the merger, Brainum will continue to operate autonomously. The acquisition will provide Implico with better access to the important Benelux market, especially the Netherlands, where numerous oil and gas companies are located.

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