Qics, a PE-backed Dutch provider of Professional Services Automation ("PSA") software, expands into the Nordic market with the acquisition of ProjectFlow, a Danish software provider for Project and Portfolio Management ("PPM"). The acquisition marks the first add-on acquisition for Qics since entering into the strategic partnership with Main Capital Partners c. 2 years ago. ProjectFlow, founded in 1999 and headquartered in Odense, Denmark, develops and delivers ProjectFlow 365, a project and portfolio management tool, to customers in Denmark and Norway. Combining ProjectFlow's strength in the Danish market with Qics' Dutch prominence, will create a major player in Benelux and Nordics for Project Portfolio Management. This forms a solid foundation for future buy-and-build strategies, driving the group towards market leadership in North-Western Europe. BDO is delighted to once again assist a portfolio company of Main Capital Partners on another successful acquisition.