Exact, a Netherlands based SJE Group investment, has acquired WinBooks; a Belgian accounting and business management software company.
The combination of the two businesses in Belgium creates a best in class accounting and business software solutions provider and confirms Exact’s commitment to invest in serving the needs of accountants and SMEs in Belgium. In particular, this acquisition allows Exact to significantly strengthen its presence and market reach beyond Flanders, in Brussels and Wallonia, where WinBooks is a well-established business and has a market leadership position.
Winbooks started offering accounting software in 2000 and is based in both Flanders and Wallonia, and has a total of more than 20,000 customers.
Exact has been active in Belgium since 1989 and launched its cloud-based accounting solution Exact Online in 2006. In recent years WinBooks has also introduced cloud-based solutions alongside its established on-premise solutions. The two companies now have the most comprehensive range of business software solutions for SMEs and their Accountants. Together they are able to accelerate product innovation and to respond more quickly to emerging business and technology trends.
The SJE Group congratulates Exact-CEO Phill Robinson, Jean-François Cuylits and Pierre Borremans of WinBooks and their teams.