US-based specialist provider of enterprise applications software and solutions for project-focused businesses, Deltek has completed its tender offer to acquire Copenhagen-based European ERP provider, Maconomy.

"Deltek and Maconomy are a great synergistic fit," said Hugo Dorph, CEO of Maconomy. "Now, Maconomy is aligned with an organisation that can accelerate our growth objectives and introduce our innovative solutions to more customers."

This acquisition greatly increases the new organisation's expertise in the professional services market, with close to 13,000 customers worldwide, and a reach across many vertical segments within the professional services market, including architecture & engineering, advertising, public relations, accounting, management & IT consulting, and legal.

"Acquiring Maconomy is a game-changing move for our organisation in many ways," added Kevin Parker, President and CEO of Deltek. "It greatly expands our reach into Europe, broadens our portfolio of solutions to additional professional services segment, and adds cutting-edge resource management capabilities that are applicable across the entire Deltek customer base - including government contracting."

www.maconomy.com
www.deltek.com