ADDNODE GROUP Acquisitions

Acquisition-driven growth is a key part of Addnode Group ’ s strategy . We acquire entrepreneur-driven companies that are close to our customers and know their markets . As part of Addnode Group , entrepreneurs continue to develop in an organisation with extensive business expertise and financial stability .

ACQUISITION STRATEGY

Addnode Group has made some 40 acquisitions since it was first established . Acquiring IT companies run by driven entrepreneurs is part of our strategy to develop the business . As part of Addnode Group , the companies and entrepreneurs that choose to join us become part of our core business . With us they gain knowledge , contacts , stability and commitment . Backed by our business expertise and financial strength , acquired companies are able to realise their potential and pursue ventures that were previously out of reach . A key success factor for Addnode Group is that the employees and managers who join us through our acquisitions stay on and develop together with us .

ACQUISITION CRITERIA

We acquire businesses with proven business models , competent employees , recurring revenue and strong leaders . Most important of all is that the businesses are closely related to our existing offerings and that they contribute the following : > They complement or strengthen an existing software or a service offering > They broaden our geographical presence or provide us access to a new customer market > Competent employees who are committed to both innovation and implementation > Technologies that further develop our offering .

TRANSCAT PLM – OUR LARGEST ACQUISITION EVER Business area : Product Lifecycle Management The acquisition is Addnode Group ’ s largest to date and makes us Europe ’ s leading system supplier of software and services for product data information .

“ TRANSCAT PLM IS GOOD IN AREAS IN WHICH WE WANT TO BE EVEN STRONGER , SUCH AS DIGITAL PRODUCT MODELS AND 3D SIMULATIONS .” Jonas Gejer , CEO of TechniaTranscat

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