Active mandate

Project Washington

Deal stage
Active mandate
Service
Sell
Sector
Technology, Media and Telecoms
Sub-sector
IT Consulting & Services
Contact
gilles.vanderstuyft@vdp.be

Description

VDP has been mandated for the majority/100% sale of Project Washington, a consulting company offering and implementing cash supply chain management software to banks around the world. Software solutions include optimising the CIT (cash-in-transit) process from and to cash points, increasing cash logistics security and forecasting cash needs per cash point.

Management (currenly holds 20%) is open to either fully exiting or remaining on board, depending on the type of investor (full strategic integration of software vs. stand-alone financial sponsor case).

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