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Smile Sail, an Evergreen Private Equity fund, has announced the acquisition of Rsult, a software and IT services business. This strategic move aims to bolster its presence in the European B2B Software and AI sectors.
On 10 February, 2025, Smile Sail, a prominent Evergreen Private Equity fund, announced that it has acquired a majority stake in Rsult Group, an international Oracle NetSuite consultancy and AI-enabled software group. This strategic partnership marks a major milestone for Rsult as it executes its ambitious buy-and-build strategy across the EMEA region and accelerates its growth ambitions in cloud ERP and digital transformation services.
The investment represents the first from Smile Sail’s €275 million Evergreen Fund, highlighting its commitment to long-term, sustainable value creation in the B2B Software and AI sectors. Smile Sail partners with Rsult founders John Schrijvers and Gerard den Teuling, providing both strategic and financial support to strengthen Rsult’s position as a leading Oracle NetSuite partner, expand its service offerings, and enhance its AI-enabled SaaS solutions, Dataswitcher and Movemybooks.
With Smile Sail’s backing, Rsult is well-positioned to scale its operations, broaden its geographic reach, and deliver high-quality ERP and financial data migration solutions. The partnership leverages Rsult’s expertise, innovative technology, and entrepreneurial culture to create synergies across services, improve customer offerings, and accelerate the company’s growth trajectory in the competitive EMEA software market.
