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  5. HYPE Innovation Acquires HLP Informationsmanagement

M&A Deal Summary

HYPE Innovation Acquires HLP Informationsmanagement

On December 15, 2020, HYPE Innovation acquired software company HLP Informationsmanagement

Acquisition Highlights
  • This is HYPE Innovation’s 1st transaction in the Software sector.
  • This is HYPE Innovation’s 1st transaction in Germany.

M&A Deal Summary
Date 2020-12-15
Target HLP Informationsmanagement
Sector Software
Buyer(s) HYPE Innovation
Deal Type Add-on Acquisition

Target

HLP Informationsmanagement

Eschborn, Germany
Formed in 1997, HLP is a software provider for Corporate Suggestions (Betriebliches Vorschlagswesen) in Germany. With a particular strength in idea management and continuous improvement related processes, HLP helps its medium- to enterprise-sized customers improve daily business processes through the well-organized administering of ideas suggested by employees. The company has won multiple innovation awards in the past, such as Top Innovator, and received five stars from the Capital magazine.

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Buyer(S) 1

Buyer

HYPE Innovation

Bonn, Germany
Category Company
Founded 2001
Sector Software
DESCRIPTION

HYPE Innovation is a provider of idea and innovation management software. HYPE Innovation’s offering supports customers harnessing the collective intelligence of employees, customers, and partners by collecting and managing ideas and turning them into business cases. HYPE Innovation was founded in 2001 and is based in Bonn, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1
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