Q&R has agreed to acquire a majority stake in Polish IT services firm E-XIM IT in a transaction valued at up to €6.9 million.
The deal marks a strategic expansion for the Greek technology group into Central Europe, leveraging E-XIM’s existing client base and operational infrastructure in Poland.
The purchase price is structured across five installments.
The first two payments are fixed, while the remaining three are contingent on E-XIM IT achieving specific financial targets.
This earn-out structure aligns the interests of both parties and mitigates execution risk for Q&R as it integrates the new subsidiary.
The acquisition underscores the broader trend of Greek tech firms seeking growth opportunities beyond the domestic market.