Rembrandt M&A advised the shareholders of QPR CostControl B.V. in the sale to NIBC Co-Investment Holding B.V. and Arches Capital Management B.V., two Dutch investment companies.
QPR CostControl is a software company that develops and sells CostPerform for world class cost- and profitability management in 40 countries and all industries. QPR CostControl is headquartered in the Netherlands with representations in the US, UK and Australia/New Zealand. QPR CostControl B.V. has been developing software for optimizing costs and performance management called CostPerform for over 20 years. The software is used for cost allocation (such as time-driven Activity-Based Costing and multi-dimensional Costing), regulatory reporting, and customer profitability insights.
With the transaction with Arches and NIBC, CostPerform can accelerate its ambitions. Together, NIBC and Arches have a majority of the shares. The current management team and shareholders hold the remaining shares.