M&A Deal Summary

Step Ahead Group Acquires Godesys AG

On December 17, 2019, Step Ahead Group acquired software company Godesys AG

Acquisition Highlights
  • This is Step Ahead Group’s 2nd transaction in the Software sector.
  • This is Step Ahead Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2019-12-17
Target Godesys AG
Sector Software
Buyer(s) Step Ahead Group
Deal Type Merger

Target

Godesys AG

Mainz, Germany
Godesys AG is a provider of ERP software for mid-sized German ‘Mittelstand’ companies. Godesys AG has grown continually, employing over 75 employees in 10 locations in Germany, Austria, and Switzerland as of today. Focus industries are wholesale, retail, service industry and the manufacturing sector. Godesys enables its clients to become customer-led companies.

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Buyer(S) 1

Buyer

Step Ahead Group

Munich, Germany

Category Company
Founded 2019
Sector Software
DESCRIPTION

Step Ahead Group develops and distributes modern ERP software solutions to steer, optimize and digitalize all business processes. The Step Ahead Group serves more than 1.800 clients with 65.000 users across Europe. Step Ahead Group was founded in 2019 and is based in Munich, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Merger M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Informing AG

Steinhausen, Switzerland

Informing AG is an ERP software provider that serves clients from a broad range of industries. Informing AG’s geographical focus lies on medium-sized businesses in Switzerland. Informing AG’s proprietary business software, Informing offers a solution to both current and future market challenges.

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