M&A Deal Summary

proALPHA Acquires Corporate Planning

On May 25, 2021, proALPHA acquired software company Corporate Planning from Hannover Finanz

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

M&A Deal Summary

Date 2021-05-25
Target Corporate Planning
Sector Software
Buyer(s) proALPHA
Sellers(s) Hannover Finanz
Deal Type Add-on Acquisition

Target

Corporate Planning

Hamburg, Germany
Corporate Planning is a developer of management, planning, information, and early-warning software system. The software company based in Hamburg has specialized in the development and implementation of high-performance software for business planning and management successfully since 1989.

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Buyer(S) 1

Buyer

proALPHA

Weilerbach, Germany

Category Company
Founded 1992
Sector Software
DESCRIPTION

proALPHA is a software provider of integrative business solution providing best practice solutions and services for mid-cap trading and industry companies. proALPHA was founded in 1992 and is based in Weilerbach, 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: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Hannover Finanz

Hannover, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
PE ASSETS 700M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hannover Finanz is a private equity group that targets buyout and expansion capital investments in mid-sized 'structurally sound businesses' operating in stable and growing industries. Hannover Finanz looks for businesses with annual revenues of at least €20 million and typically commits between €15 and €50 million of equity per transaction. The Firm will consider both minority and majority investment situations/needs. Broad areas of interest include technology, life science, service, distribution, and industrial sectors. Hannover Finanz was formed in 1979 and is based in Hannover, Germany.


DEAL STATS #
Overall 20 of 29
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Germany M&A 16 of 25
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Lowenstark Online-Marketing

Braunschweig, Germany

Lowenstark Online-Marketing is an online marketing service provider. The range of services includes digital consulting, performance marketing, e-commerce & CMS, and brand marketing for predominantly medium-sized customers in all industries. Lowenstark covers all aspects of online marketing through specialized agencies that belong to the group. Lowenstark Online-Marketing was founded in 2001 and is based in Braunschweig, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Dental Direk

Spenge, Germany

Dental Direk is specialized in dental CAD/CAM material, technological solutions, and services in digital dentistry. Dental Direk offers laboratories an inexpensive and transparent alternative for the selection of dental materials. Dental Direk was founded in 1997 and is based in Spenge, Germany.

Buy -