Software firm acquired by French company in European expansion
A Northampton-based software development firm has been acquired by a French software company, advancing its strategy to expand across Europe and enter the UK market.
Lacour has acquired Dragon2000 to boost its leadership in the European dealer management software market, taking advantage of growth opportunities in car workshops, garages, and dealerships
Castle Donington accountancy firm, Cooper Parry advised the shareholders of Dragon2000 on the sale.
The transaction has attracted a cross-border strategic buyer and will allow Dragon2000 to maintain its growth trajectory and continue delivering its services to customers in the UK.
Angelo Maida, CEO of Lacour, said: “This acquisition is a major step forward for our group, allowing us to enter the UK market, one of the most dynamic in Europe. We are excited about the opportunities this expansion presents, not only to grow our presence but also to introduce our innovative solutions to a wider audience. Together, we will continue our shared commitment to innovation and product-led growth, and we will further develop and integrate artificial intelligence within our product suite to provide even more value to our customers.”
Mark Cooper from Cooper Parry said “The Cooper Parry deal team worked tirelessly in negotiating and delivering an excellent transaction for us as shareholders, and for our market-leading and dedicated management team. We appreciate the level of detail and support from the Partner-led approach at Cooper Parry, and their true automotive sector knowledge. We wouldn’t hesitate in recommending the Cooper Parry deals team to others considering a transaction”.
