MHS Corporate Finance acted as financial co-advisor to CONEX on the acquisition of Lector ApS
Conex, French leading provider of customs and security management software, acquired Lector, Denmark’s leading customs software publisher. This acquisition allows Conex to further expand its European footprint and enhance its service offerings.
Clairfield International acted as exclusive financial advisor to Conex and its PE shareholder 21 Invest.
For more information about the transaction, please visit here.
About CONEX
Founded in 1985, Conex develops and markets a range of software and collaborative tools for managing customs and security declarations. Its customers - importing/exporting companies, carriers and RDEs (Registered Customs Representatives) - use its solutions and services to optimize and secure the entry, processing and electronic exchange of declarations for all their international trade in goods. With its long-standing expertise, comprehensive solution range, and tailored offerings, Conex dominates the French market. The group already has an international presence with subsidiaries in Belgium, the UK, in Ireland and a commercial presence in Spain. Headquartered in Northern France, Conex experiences outstanding growth and reaches sales of nearly EUR 20 million with over 80% of revenue being recurring. Conex is backed by family owners and the private equity firm 21 Invest since 2023.
About Lector
Based in Copenhagen, Lectors’s software solutions focus on automation of customs processes and document/case management. The company is active in Denmark, Sweden, Norway and Poland, servicing large and medium sized business customers. Lector has a strong market position and currently employs 30 FTEs.
