BOSTON, MA--(Marketwired - July 13, 2016) - Midaxo, the leader in mergers & acquisitions (M&A) software, announced today that Karim Elmorsi has joined the firm to further develop their growing portfolio of regional and national accounts outside of the US. Karim comes with a wealth of experience within the Industry, having spent the last 14 years at Philips where he had a senior role in the integration of several M&A and Joint Venture deals around the globe.
Karim joins Midaxo as Vice President responsible for Europe, Middle East, and Africa to continue Midaxo's recent success in providing end-to-end digital M&A solutions to companies around the world. Karim comments, "I am excited to start with Midaxo and look forward to further develop and grow the company. It is a real honor to join this dynamic team and be part of an innovative company that prides itself on delivering top quality Software as a Service."
Ari Salonen, President at Midaxo, said, "Karim's wealth of experience and industry knowledge has already made him a key addition to the Midaxo family. We view his appointment as a sign of our commitment to being the leading company in our industry. Our new innovations and the increasing demand from our customers led us to look for an addition to our team who will fit in with our philosophy of innovation and exceptional service, and it is very fortunate that we were able to find someone of Karim's caliber to join our team. I'm confident that Karim will play a key role in providing and implementing high quality solutions for our clients."
Midaxo is a global provider of an award-winning cloud-based platform that helps companies easily systematize and run their M&A, Post-Merger Integration and other complex management processes. Easy-to-use and highly configurable, Midaxo enables M&A professionals to manage their activities from deal sourcing and valuation through transaction and integration. With Midaxo, some of the world's largest companies, including Hewlett Packard Enterprise, Philips, and Danfoss, enjoy complete visibility and control over critical M&A activities -- and can quickly make well-informed decisions, avoid risks, and capture merger synergies. The company's North American business, Midaxo, Inc., is located in Boston, Mass.
More information can be found at www.midaxo.com