FibuNet acquired by Scopevisio
GHz Partners advises Scopevisio AG on its acquisition of FibuNet GmbH
GHz Partners is pleased to announce that it acted as the M&A advisor to Scopevisio AG, a cloud software vendor for medium-sized companies, on its acquisition of FibuNet GmbH, a provider of software for financial accounting, bookkeeping, and controlling in medium-sized companies.
FibuNet GmbH is an owner-managed company founded in 1983 with software solutions for financial accounting, bookkeeping and controlling in medium-sized companies. The company has around 1,500 customers and processes over 200 million booking records annually. Customers include well-known companies such as Hurtigruten, ROLLER Möbel, the Feser-Graf automobile trading group, Netto Marken-Discount and Pearl GmbH.
Scopevisio AG is a manufacturer and provider of integrated, industry-independent commercial business software for medium-sized companies. The comprehensive solution of the Scopevisio software includes finance, accounting, controlling, merchandise management, CRM, HR management, project management, enterprise content management (ECM), point of sale (POS) and business intelligence. The Scopevisio Group has its headquarters in Bonn and employs about 300 people in Germany and Austria. It generates sales of around 30 million euros and currently supports more than 7,500 customers with its solutions.
GHz Partners was the exclusive M&A advisor for this transaction. The terms were not disclosed.