Add-on Acquisition • Software

Beta Systems Software AG Acquires HABEL & Co. KG

On July 2, 2019, Beta Systems Software AG acquired software company HABEL & Co. KG from Elvaston Capital Management for 10M EUR

Acquisition Context
  • This is Beta Systems Software AG’s 1st transaction in the Software sector.
  • This is Beta Systems Software AG’s largest (disclosed) transaction.
  • This is Beta Systems Software AG’s 1st transaction in Germany.

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M&A Deal Summary

Date July 2, 2019
Target HABEL & Co. KG
Sector Software
Buyer(s) Beta Systems Software AG
Sellers(s) Elvaston Capital Management
Deal Type Add-on Acquisition
Deal Value 10M EUR

Target Company

HABEL & Co. KG

Weilheim, Germany
HABEL GmbH & Co. KG is a provider of document management software solutions. HABEL is based in Weilheim, Germany.
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Buyer Overview 1

Buyer

Beta Systems Software AG

Berlin, Germany

Category Company
Sector Software
DESCRIPTION

Beta Systems Software AG is specialized in developing and selling software applications that automate the business processes of major corporations, IT service providers, public authorities and mid-sized companies. Beta Systems Software is based in Berlin, Germany.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 1 of 1
Year: 2019 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 1

DESCRIPTION

Elvaston Capital Management is an entrepreneur-led private equity firm, specializing in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth.


Deal Context for Seller #
Overall 2 of 7
Sector: Software 2 of 6
Type: Add-on Acquisition 1 of 2
Country: Germany 2 of 6
Year: 2019 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-25 Remira

Dortmund, Germany

Remira focuses on the development, distribution, and implementation of automated software solutions for inventory optimization, demand management, and sales planning. Remira offers a predictive forecast tool for production and capacity planning. 40 Remira specialists maintain 600 installations for 150 customers and enable the optimization of up to 50 million items in their customer’s warehouses. Remira’s proprietary software LogoMate® is highly intuitive and easy to integrate into existing ERP Systems. Remira was founded in 1994 and is based in Dortmund, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-01 InterEurope

Düsseldorf, Germany

InterEurope is an independent, privately owned service provider that settles claims on behalf of insurance companies. The company primarily deals with claims related to mobility (motor vehicle liability, transport, collision claims, recovery). InterEurope is able to provide outstanding trans-European advice to its insurer clients. InterEurope is based in Düsseldorf, Germany.

Buy -

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