Italy-based TeamSystem has acquired marketing automation company Growens for $75.3M.
TeamSystem reported $591M in revenue in 2021.
- Growens is specifically selling its email service provider division. The team that works in this business has around 260 people across Italy, Spain, and Denmark.
- The company has created numerous software products such as MailUp, ContactLab, and AcumbaMail.
- Growens, founded in 2002, is based in Milan.
- TeamSystem is an enterprise software solutions company that provides a suite of ERP products.
- The company was founded in 2013 and is based in Italy.
