GHz Partners advised Aptean on its acquisition of Modula Group
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to Aptean, a global provider of industry specific enterprise resource planning and supply chain software solutions, on its acquisition of Modula Group, a leading German mid-market ERP & MES software company. Headquartered in Alpharetta in Georgia, with offices in North America, Europe and Asia-Pacific, Aptean’s industry specific solutions are designed to the needs of specialized manufacturers and distributors in over 20 industries. With both cloud and on-premises deployment options, Aptean’s solutions are used by more than 6,000 customers around the world. Modula has more than 500 customers across 35 countries and nearly 300 employees throughout its German and Austrian offices. The company’s solutions include its flagship ERP and MES products, oxaion and SYNCOS, respectively, which serve customers across sectors including medical technology, automotive, electronics, plastics, metals, and logistics. The terms of the transaction were not disclosed.
GHz Partners advised insightsoftware on its acquisition of IDL Group
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to insightsoftware, a global provider of enterprise software solutions for the Office of the CFO, on its acquisition of IDL Group, a leading provider of financial performance management software.Headquartered in Germany, IDL offers a financial performance management suite, including software solutions for financial consolidation, planning, reporting, and analytics. IDL is a recognized market leader by BARC with a #1 ranking in portfolio capabilities. Serving a diverse range of industries, IDL has worked with more than 1,100 mid-sized and enterprise customers including Altana, Bayerische Landesbank, and Novomatic. insightsoftware is a US provider of financial reporting and enterprise performance management software and enables the Office of the CFO to connect and analyze their enterprise data in real time, driving greater financial intelligence across their organization. Over 25,000 organizations worldwide rely on insightsoftware’s portfolio of best-in-class reporting, analytics, budgeting, forecasting, consolidation, and tax solutions to provide them with increased productivity, visibility, accuracy, and compliance. The terms of the transaction were not disclosed.
GHz Partners advised shareholders of Bodymed AG on its divestiture to Nestlé Health Science
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to the shareholders of Bodymed AG, a technology company offering specialized programs for sustainable weight loss for overweight patients, on its divestiture to Nestlé Health Science in Germany, as a part of Nestlé Deutschland AG.The software supported Bodymed concept includes medical care in 1,350 Bodymed centers in Germany, Austria, and Switzerland. Since the company was founded 25 years ago, the range and the support offered have established themselves primarily in the German and Austrian markets. The terms of the transaction were not disclosed.
GHz Partners advises shareholders of Felten Group on its divestiture to MPDV Group
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to the shareholders of Felten Group on its divestiture to MPDV Group. MPDV Group, a market leader for IT solutions for the Smart Factory in the field of discrete production acquired Felten Group, a leading provider of MES (Manufacturing Execution System) software for the process industry in Germany. Felten Group has market leadership position in the process industry, in particular- cosmetics, flavour & fragrance, food, pharma and chemicals. With locations in Germany and Luxembourg, Felten Group has implemented production management projects in around three dozen countries around the world. Including Felten Group, the MPDV Group currently employs around 500 people at 15 locations worldwide and records group sales of over 67 million Euros. Financial terms of the transaction were not disclosed.
GHz Partners advises GK Software AG on its majority investment in prudsys AG
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to GK Software AG on its majority investment in prudsys AG. GK Software AG, one of Europe’s leading technology developers and providers of standard software for the retail sector, acquired a majority stake in Chemnitz based prudsys AG. prudsys AG offers Artificial Intelligence enabled omni-channel personalization software for the retail sector, interlinking customer loyalty, marketing automation and dynamic pricing to maximize customer value across all channels. Prudsys’ customers include leading retailers such as babywalz, bonprix, Conrad, Coop, Douglas, Klingel, Otto, Obi, SportScheck, Thalia and Würth. The company is listed as a “Representative Vendor” in the Gartner Market Guide for Digital Personalization Engines.
GHz Partners advises GDC Business Software GmbH on its divestiture to CSS AG
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to GDC Business Software GmbH on its divestiture to CSS AG. CSS AG, a leading provider of on-premise ERP solutions to German medium-sized companies acquired accounting software vendor GDC Business Software GmbH. GDC develops software for financial accounting, cost accounting, asset accounting, payroll accounting, controlling and reporting services for the interactive and holistic control of medium-sized companies. Financial terms of the transaction were not disclosed.
GHz Partners advises shareholders of thinkproject! on a growth recapitalisation from TA Associates
GHz Partners is pleased to announce that it acted as financial advisor to the shareholders of thinkproject! on a growth recapitalisation from TA Associates. Growth private equity firm TA Associates’ London team acquired a majority stake in thinkproject! GmbH. thinkproject! offers a multi-tenant SaaS platform for construction and engineering project management and is used by more than 100,000 users in over 8,000 projects in 40 countries. The Munich based company is market leader in cross-enterprise collaboration and workflow software to the construction and engineering industries across Europe. It delivers a readily common data environment (CDE) for construction and engineering projects. thinkproject! supports asset owners and general contractors across more than 20 sectors, including the energy and automotive industries, infrastructure and government projects. The company has approximately 200 employees across its Munich headquarters, R&D center in Berlin, and regional sales offices in Spain, Poland, Austria, the Netherlands and France.
GHz Partners advises shareholders of thinkproject! on a joint venture with ProjectCenter
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to the shareholders of thinkproject! on a joint venture with ProjectCenter. Munich-based SaaS construction collaboration technology vendor thinkproject! established a joint venture with Madrid-based ProjectCenter through its Spanish unit thinkproject! Iberia, to target customers in Spain, Portugal and Latin America. Launched in 1998, ProjectCenter was the first online collaboration / project management application specifically designed for the construction and engineering sector in the Iberian Peninsula and has successfully helped thousands of projects in the optimization of communication and collaboration in their workflows. It has been used by public and private entities, construction companies, engineering companies and consulting companies. Its clients include, among others, Acciona, Bouygues, Enel Group, IKEA, Mercadona, Tecnicas Reunidas, URS- Aecom, Valoriza with projects both inside and outside of Spain. Financial terms of the transaction were not disclosed.
GHz Partners advises TXT e-solutions on its majority investment in Pace GmbH
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to Txt e-solutions SpA on its majority investment in PACE GmbH. Quoted Italian provider of engineering software solutions TXT e-solutions, a specialist in advanced aerospace software through its Next Division, acquired a majority stake in Berlin-based PACE Aerospace Engineering and Information Technology GmbH from its financial investors eCAPITAL AG, Strategic European Technologies NV, and IBB Beteiligungsgesellschaft mbH. PACE specialises in software for preliminary aircraft design, cabin configuration and fuel cost optimisation. PACE’s customer base of over 50 large companies includes top aircraft and engine manufacturers, airlines, civil and defence operators, Maintenance, Repair & Overhaul (MRO) companies, such as Airbus Boeing, Safran Group, GE Aviation, COMAC, Sukhoi, Embraer, Rolls-Royce, Air France & KLM Engineering, Lufthansa and Delta Air Lines.