Unit4 sold its wholly-owned Hungarian subsidiary, VT-Soft Kft., to Libra Szoftver Zrt.
Unit4 is a global ERP system developer based in the Netherlands. Its local subsidiary, VT-Soft, is a developer of payroll software and a provider of outsourced payroll services and a traditionally strong player on the Hungarian market.
Libra Zrt. is a significant Hungarian ERP system developer, and it is also active on the payroll outsourcing market.
Heal Partners acted as exclusive advisor to the sellers.