Onex Completes Investment in PowerSchool –

Onex

Toronto, August 1, 2018 – Onex Corporation (“Onex”) (TSX: ONEX) today announced it has
completed an investment in PowerSchool Group LLC (“PowerSchool”), the leading education
technology platform for K-12 schools. Vista Equity Partners is an equal equity partner with
Onex. Onex’ investment was made by Onex Partners IV, its $5.7 billion fund.

About Onex
Onex is one of the oldest and most successful private equity firms. Through its Onex Partners
and ONCAP private equity funds, Onex acquires and builds high-quality businesses in
partnership with talented management teams. At Onex Credit, Onex manages and invests in
leveraged loans, collateralized loan obligations and other credit securities. Onex has more than
$32 billion of assets under management, including $6.7 billion of Onex proprietary capital, in
private equity and credit securities. With offices in Toronto, New York, New Jersey and
London, Onex and the team are collectively the largest investors across Onex’ platforms.
Onex’ businesses have assets of $49 billion, generate annual revenues of $31 billion and employ
approximately 207,000 people worldwide. Onex shares trade on the Toronto Stock Exchange
under the stock symbol ONEX. For more information on Onex, visit its website at
www.onex.com. Onex’ security filings can also be accessed at www.sedar.com.

This news release may contain forward-looking statements that are based on management’s
current expectations and are subject to known and unknown uncertainties and risks, which could
cause actual results to differ materially from those contemplated or implied by such
forward-looking statements. Onex is under no obligation to update any forward-looking
statements contained herein should material facts change due to new information, future events
or otherwise.

For further information:
Emilie Blouin
Director, Investor Relations
Tel: 416.362.7711

KPN Ventures leads investment in cyber security startup ZecOps

Kpn Ventures

ROTTERDAM, July 31, 2018 – Dutch corporate investment fund KPN Ventures announced today it has participated as lead investor in the $3.5m seed round of ZecOps, a cyber security startup based in San Francisco and Tel Aviv, focusing on automated threat analysis.

ZecOps seed round is supplemented by an investment from Evolution Equity Partners, a fund that specializes in cybersecurity, Plug and Play Silicon ValleyWISE VenturesArray Ventures, and respected angel investors.

ZecOps was started in July 2017 by Zuk Avraham together with his wife & co-founder, Taly Slachevsky. ZecOps is Avraham’s second entrepreneurial journey. He founded his first company, Zimperium, in 2010, where he currently serves as its Chairman of the Board. Zimperium is the leading mobile threat defense solution on the market.

ZecOps products gained high traction during its first year, while still in stealth-mode, with well-known customers from the technology, finance and telecom segments. ZecOps is working with law enforcement agencies, banks, critical infrastructure, tech, payment solutions and telcos to solve major pain points in cyber security.

“Through KPN’s cooperation with Zimperium, We have got to know Zuk as a clear thought leader in cyber security” said Herman Kienhuis, EVP and Managing Director at KPN Ventures.“With ZecOps, he is taking on a new challenge: automating security breach analysis; we see great potential in enabling more companies to learn from attacks, generate new threat intelligence and substantially improve their security.”

Michal Pechoucek, Partner at Evolution Equity Partners, adds: “Increased efficiencies gained from automation in security operations is an important area in cybersecurity where Zecops have developed cutting edge technology. We believe the attributes of the Zecops technology are unique and provide the company with a cutting-edge advantage in the global marketplace. We welcome Zecops and its team of seasoned cybersecurity professionals to our portfolio.”

“We are extremely excited to welcome ZecOps into our family.  Out of the hundreds of cybersecurity startups we analyzed this year, ZecOps stood out as one of the most exciting,” says George Damouny, Partner at Plug and Play Ventures. “With their strong team and expertise in the cybersecurity space, we have high expectations for ZecOps as they continue to revolutionize the Security Operations market.”

Following this seed round investment, ZecOps will launch its products for general availability to help organizations hunt down attackers’ mistakes effectively.

“We were surprised with the overwhelming demand for our products. It can be exceedingly difficult to innovate in a crowded market like the cyber security space – but we were able to do it effectively. Consequently, the reactions from CISOs around the globe made our efforts worthwhile,” said Mr. Avraham. “In the last year, we detected multiple APTs for a variety of businesses, a rare achievement especially for a one year old company”.

About ZecOps, Inc.
ZecOps is a stealth mode cybersecurity automation company headquartered in San Francisco, California with R&D based in Tel Aviv, Israel. ZecOps learns from attackers’ mistakes with the goal of discovering the course of action and objectives of entire campaign, burn the threat actors exploits & persistence mechanisms and increase the attacker’s campaign costs for targeting a ZecOps protected company. To contact ZecOps, visit https://www.zecops.com. For press inquiries: mail ZecOps PR at media@zecops.com

DN Capital News Happeo, the all-in-one digital workplace platform has raised a late seed round of $8 Million

DN Capital

Helsinki, Finland, 07/24/2018. Finnish software startup Happeo announced today that it has raised $8M from leading international investors including DN Capital (UK/Silicon Valley), Maki.vc (Helsinki), and Vendep Capital (Helsinki). View the original press release from Happeo herehttps://www.happeo.com/blog/press-release-8mil-funding

Internal Communicators in enterprise and fast-growing companies are struggling to connect a diverse workforce over locations and generations. Departmental silos, the absence of effective knowledge sharing, and an overflow of tools used to communicate and collaborate often results in low employee productivity and engagement.

The Happeo SaaS platform is solving these challenges by bringing together the software that organizations use daily into one unified platform, allowing employees not only to connect and collaborate in new ways, but also to work more efficiently. Since officially launching its platform in 2017, Happeo (formerly Universe) has been nominated as one of the most promising startups by the European Union, and today already more than 220,000 employees are working with the Happeo digital workplace.

“Traditional employee intranets are dead, because they host static and often outdated information in isolation, offering no value to the employee,” says Perttu Ojansuu, Co-Founder and CEO of Happeo. “Happeo is providing organizations with a totally integrated digital workplace, serving as a central hub for employees to access company resources, collaborate, and connect with each other. This massively improves employee experience and drives our clients’ growth.“

By integrating seamlessly with leading enterprise collaboration tools, Happeo brings together essential tools: calendar, files, conferencing, and projects, even CRM and HR-systems – in one digital workplace. The platform is enriched with knowledge sharing and social networking features directly driving engagement, productivity and an enjoyable employee experience.

UK/Silicon Valley based international venture fund, DN Capital, joins the round with Finnish investors Maki.vc and Vendep who has former success from backing companies disrupting traditional industries in SaaS. The additional capital will be used by Happeo to expand upon its rich suite of integrations, making it possible to launch Linkedin, Google Chat and Slack this quarter. The funding will also be used to expand the global presence of the company, following the opening of its Amsterdam office earlier this year.

“Happeo’s core team possesses a world-class understanding of the enterprise software market, client needs and the shortcomings of the existing tools. Happeo brings together work efficiency, information availability and company culture in a way that makes the traditional intranets and enterprise collaboration tools look and feel hopelessly cumbersome and archaic,” says Pirkka Palomäki from Maki.vc.

“We look forward to working together with Perttu, Vesa and Antero to accelerate Happeo’s growth and help one more Finnish SaaS company to conquer the world. The founding team has worked together successfully for a long time, and based on their proven track record and backed by the raised funds, the company is now ready to step up its growth,” says Hannu Kytölä from Vendep Capital.

“By bringing together enterprise CMS, social intranet and collaboration in a single platform, Happeo has created a solution that will be critical to the digital workplace of the future. We are delighted to join Maki.vc and Vendep in Happeo’s first institutional funding round,” says Steve Schlenker from DN Capital.

About Happeo

Happeo is the leading all-in-one digital workplace platform that empowers internal communicators to connect with employees in entirely new ways. The platform brings together intranet, collaboration, and social networking into one unified solution.

Large enterprises and fast-growing organizations, such as Randstad Sourceright and Groupe Chantelle, use Happeo to reach, engage, and listen to more than 220,000 employees worldwide to create a seamless employee experience.

Our mission is to accelerate growth from within for our clients. We believe business success today depends entirely on talent and a company’s ability to overcome silos. Happeo brings together a diverse workforce across generations, locations and time zones.

To learn more about Happeo’s software visit https://www.happeo.com.

About DN Capital

DN Capital is an early stage and growth capital investor focused on Seed, Series A and select Series B investments in marketplaces, fintech, SaaS, digital media, e-commerce, mobile applications and digital health companies. The firm was founded in 2000 and has operations in London, Berlin and Silicon Valley. DN Capital’s previous funds are top performers and the firm is one of the lead investors in companies such as Endeca (Oracle), Shazam (Apple), Auto1 (Europe’s largest used car marketplace), Purplebricks (AIM:PURP) and Quandoo (Recruit). The DN Capital team bring over 75 years of private equity experience to their investments, and actively work with portfolio companies to steward their growth through the various stages of development. Find out more at www.dncapital.com.

For further information
Celia Viguier
Investor Relations
DN Capital
celia@dncapital.com

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Exclusive negotiations underway to sell Peopledoc to Ultimate software

Eurazeo

Eurazeo Croissance, the Eurazeo investment division that specializes in assisting fast-growing companies, today announced the start of exclusive negotiations to sell its interest in PeopleDoc alongside Accel Partners, Alven Capital and Kernel Investissements and PeopleDoc’s founders, to NASDAQ-listed and US-based Ultimate Software, a leading provider of human capital management (HCM) solutions.

Ultimate Software plans to acquire PeopleDoc for approximately $300 million, to be paid with a combination of cash and shares of Ultimate Software common stock, with approximately $75 million of cash to be paid at the closing and approximately $50 million of cash to be paid 12 months after the closing date. Ultimate Software expects that the PeopleDoc acquisition will have no material impact on Ultimate’s total revenues in fiscal year 2018.

Founded in 2007, PeopleDoc is a pioneer in HR software as a service (SaaS) with more than 1,000 customers in 180 countries. More than 4 million employees worldwide access their information and connect with their HR department using PeopleDoc. Clients enjoy major benefits in terms of productivity and security and reducing their environmental footprint. PeopleDoc has recently been mentioned by Forbes for advances in employee process automation and Inc. Magazine for helping define the category of HR Service Delivery. In 2014, PeopleDoc was named to the “Cool Vendors in Human Capital Management” list by Gartner. More information is available at www.people-doc.com.

Thanks to its positioning and the expertise of its Founders, PeopleDoc has enjoyed rapid growth since its creation. The company has undergone a significant ramp-up since Eurazeo’s investment in 2015, due in particular to the speed of its organic business growth in France but above all to its geographical expansion in the US, the UK, Germany and Canada.

Yann du Rusquec, Managing Director, Head of Eurazeo Croissance, stated: “We wish to thank Jonathan and Clément for the confidence they have shown over the past years. We take pride in our support of PeopleDoc and wish them the greatest success with the next stage of their development.”

Jonathan Benhamou, CEO and co-founder of PeopleDoc, added: “Today, I can measure how far PeopleDoc has come since its creation. Our company is entering a new phase in its development, the goal being to create a global HR leader. I would like to extend my warmest thanks to Eurazeo, Yann and his teams for their support over the last three years and their contribution to this great adventure.”

*** 

EURAZEO CONTACTS PRESS CONTACT CAROLINE COHEN HEAD OF INVESTOR RELATIONS E-mail: ccohen@eurazeo.com Tel: +33 (0)1 44 15 16 76 STEPHANIE MARIA-BAJARD DIRECTOR OF COMMUNICATIONS E-mail: smaria-bajard@eurazeo.com Tel: +33 1 44 15 80 44 HAVAS PARIS Mael Evin E-mail: mael.evin@havas.com Tel: +33 (0)6 44 12 14 91 For more information, please visit the Group’s website: www.eurazeo.com Follow us on Twitter, Linkedin, and YouTube

 

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Fortino Capital is investing in the international expansion of e-health company Dobco Medical Systems

Fortino Capital

Fortino Capital is investing EUR 2.2 million in Dobco Medical Systems, a Belgian software company specialising in online solutions for medical imaging. Fortino Capital will help Dobco Medical Systems’ management with the further development of their platform and their international expansion.

Dobco Medical Systems was founded in 2011 and quickly became the reference for online medical imaging in the Benelux. Their most well-known solution, the PACSonWEB platform, is used in 9 out of 10 Flemish hospitals. PACSonWEB is a secure cloud platform that provides an efficient way to exchange medical images and reports between all involved parties. Dobco is thus able to simplify complex processes within medical imaging and provide doctors and patients with medical information faster, more accurately and in a secure manner.

“Together with Fortino Capital, Dobco Medical Systems can take the next step and further scale up the company. Thanks to Fortino Capital’s knowledge of Software-as-a-Service, as well as their experience in putting companies on the map in an international context “, confirms Jan Dobbenie, CEO at Dobco Medical Systems.

Dobco’s aim is to further expand its platform and service offering both in Belgium and internationally to Norway, Switzerland, the Netherlands, France and Cyprus. With Fortino as its partner, the company is looking to strengthen its sales team so it can meet the increasing international demand.

Matthias Vandepitte, partner at Fortino Capital, explains: “We are impressed with the expertise at Dobco Medical Systems. Their commercial traction confirms the added value for their customers, as well as the potential for further international growth. This explains our enthusiasm to further grow the company together with the Dobco team.”

Dobco Medical Systems has a turnover of approximately EUR 3 million and currently employs 24 people. With this investment, Fortino Capital emphasises its role of providing growth capital to companies that are successful in their domestic market, such as Dobco Medical systems, to further grow on an international level. This venture capital investment is the tenth software investment in Fortino Capital’s portfolio.

Ardian arranges the Unitranche refinancing of Evernex

Ardian

Paris, July 17th 2018 – Ardian, a world-leading private investment house, today announces the arrangement of a Unitranche facility to refinance the existing debt of Evernex, a leading global provider of third party maintenance services for IT infrastructures and a Carlyle Europe Technology Partners portfolio company. The Unitranche package will also include a dedicated committed acquisition facility to finance future build-ups.

Founded in 1983, Evernex has built a broad global network over time covering 160 countries through 330 stocking locations and over 400 employees, of which 200 specialized engineers. This footprint enables the Company to support and maintain its customers’ locations 24/7, leveraging over 750,000 available spare parts from its inventory.

Evernex’s rapid growth can be explained by dynamic organic performance, enabled by the expansion of its operations into new geographies, as well as by a selective external growth strategy, with the aim of securing the Company’s leadership in its core markets and enhancing its service range. Evernex is indeed involved in a fragmented competitive landscape, which offers enticing consolidation opportunities, from which the company wishes to benefit as it did in 2016 with the acquisition of Nexeya. The Group intends to further capitalize on these opportunities to densify its network and continue supporting its customer base in their evolving IT hardware needs.

Carlyle acquired a majority stake in Evernex in 2015 (named CapVert Finance at the time) and the Company has now chosen Ardian Private Debt as financing partner, thanks to its tailor-made Unitranche financing, which combines flexibility and rapidity of execution.

“The acquisitive ambition of Evernex made the Unitranche choice an obvious one to unlock further opportunities and contribute to the continued growth of the business.” commented Jean-David Ponsin, Director in the Private Debt team of Ardian. Charles Villet, Associate Director at Carlyle Europe Technology Partners, added: “Ardian’s ability to deliver terms perfectly in line with the Company’s needs was key in this partnership. Ardian demonstrated a strong level of creativity and has set up a financing package particularly well suited to the story we wish to continue writing with Evernex.”

“We are delighted and excited to carry out this transaction alongside Carlyle Europe Technology Partners, to support a Company with such an impressive growth track record and quality management team.” said Olivier Berment, Co-Head of Ardian Private Debt and Managing Director. “Evernex’s preference for a Unitranche solution demonstrates the strength of this type of financing, especially in the context of fast-growing companies, by providing them with the flexibility and reactivity they need to unlock their full development potential.”

“With this Unitranche financing, our intention is to accelerate even further the execution of our original investment thesis and establish Evernex as the uncontested global leader in its market.” concluded Vladimir Lasocki, Managing Director at Carlyle Europe Technology Partners. “We are convinced that Ardian will prove to be a strong growth partner for Evernex in the long run, and will have the capacity to further finance the Group’s needs for its development.”

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$71bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 500 employees working from fourteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo). It manages funds on behalf of around 700 clients through five pillars of investment expertise: Funds of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
Ardian on Twitter @Ardian

ABOUT THE CARLYLE GROUP

The Carlyle Group is a global alternative asset manager with $201 billion of assets under management across 324 investment vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,575 professionals operating in 31 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia.

Carlyle Europe Technology Partners (CETP) is a pan-European growth & small-cap buyout fund predominantly investing in technology, media and telecoms companies. CETP seeks to partner with entrepreneurs and management teams and invest in businesses with substantial potential for growth which typically have enterprise values between €25m and €250m.

LIST OF PARTIES INVOLVED

Evernex: Stanislas Pilot, Stéphane Régenet, Farid Seddar.
Carlyle Europe Technology Partners: Vladimir Lasocki, Charles Villet.
Ardian Private Debt: Olivier Berment, Jean-David Ponsin, Clément Chidiac.
Financing Legal Advisor (Ardian): K&L Gates – Mounir Letayf, assisted by Adeline Roboam and Patrick Gerard-Boucher.

PRESS CONTACTS

ARDIAN
Headland
TOM JAMES
Tel: +44 207 3675 240
tjames@headlandconsultancy.co.uk

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KKR to Invest $400 Million in AppLovin

KKR

Investment will fuel company’s growth as it continues to scale its global mobile game discovery business

PALO ALTO, Calif.–(BUSINESS WIRE)– AppLovin announced today it has agreed to terms on a $400 million investment from KKR, a leading global investment firm. The partnership with KKR will accelerate AppLovin’s goal of giving app developers of all sizes the ability to finance, market, and grow their businesses.

Founded in 2012, AppLovin started as a leader in the mobile gaming user acquisition and monetization space and has expanded to offer a single, comprehensive platform that gives developers the ability to connect with consumers around the globe. In 2018, the company launched its own mobile gaming division, Lion Studios, which has already published multiple chart-topping games. The company is headquartered in Palo Alto with offices in San Francisco, New York, Dublin, Beijing, Tokyo, Seoul, and Berlin.

With accelerating revenue growth and profitability, AppLovin is a critical growth engine for mobile game developers around the world, helping to support fresh ideas and increase the healthy competition that drives game development innovation and a robust global gaming economy. To do so, the company reaches over 300 million daily active users and drives over one billion installs for gaming companies annually. Close to 90% of the top mobile gaming companies from around the world work with AppLovin. The company is well positioned for continued growth, with mobile gaming projected to be a $70.3 billion industry in 2018, growing over 25% year-over-year according to Global Games Market Report.

“We’re honored to be partnering with KKR, one of the best investment firms in the world,” said Adam Foroughi, CEO and co-founder of AppLovin. “This investment will further fuel the growth of our product and our investment in Lion Studios. KKR’s expertise will be invaluable as we continue to scale our company globally and help more app developers meet and exceed their business goals.”

“AppLovin is a robust, market leading platform in the high-growth mobile gaming market,” said Herald Chen, Member and Head of Technology, Media and Telecom at KKR. “We are excited to be backing the company and partnering with Adam Foroughi, an excellent entrepreneur, strategist and operator, and we look forward to supporting the expansion of its global mobile gaming platform through continued investment in AppLovin’s best-in-class products and services.”

KKR is making the investment primarily from its KKR Americas XII Fund.

Bank of America Merrill Lynch is serving as exclusive financial advisor to AppLovin and The Raine Group is serving as exclusive financial advisor to KKR on the transaction. Fenwick & West is serving as legal advisor to AppLovin and Wilson Sonsini Goodrich & Rosati is serving as legal advisor to KKR.

About AppLovin

AppLovin offers a comprehensive platform where app developers of all sizes can connect with their ideal consumers and get discovered. Founded in 2012, the company is focused on helping both indie and established mobile game developers grow with the expertise and insights they need to finance, market, and expand their businesses—all in one place. App developers view AppLovin as a trusted partner, the rare company that understands what it takes to succeed in the mobile app ecosystem and has the ability to help them reach their goals. Learn more at www.applovin.com.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

AppLovin
Katie Jansen, 415-710-5305
press@applovin.com
or
KKR
Kristi Huller or Cara Major, 212-750-8300
media@kkr.com

Source: AppLovin

 

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Ardian takes a minority stake in the Spanish firm MKD

Ardian

Paris, July 2nd, 2018 – Ardian, a world-leading private investment house, today announces the acquisition of a minority stake in MKD, a Spain-based online platform that offers maintenance supervision and repair services for the fleet management sector.

Founded in 2014 by current CEO José Piñera, MKD has cemented its status as Spain’s leading platform for fleet managers wishing to outsource maintenance and repair services. With more than €20 million in sales and over 400,000 repairs made in Spain, MKD’s clients include top-tier companies from the car rental industry, including Europcar, Alphabet, Arval, Generali, Allianz and new players in mobility management. MKD has further extended its offer to individuals with the launch of Reparatuchoche.com.

José Piñera, CEO of MKD, said: “In order to speed up our development and reinforce our position as a leader, we decided to enter into a new phase of our development, which include seizing external opportunities and deploying new technological services. To support our vision, Ardian Growth stood out as the partner of choice given their excellent support in our build-up strategy prior to becoming shareholder, and their strong expertise in the digital sector.”

In addition to accessing Ardian Growth’s network and expertise, this partnership will help management consolidate the company’s leading position in the fleet management industry. In this rapidly expanding sector, MKD is one of the few players to have successfully developed interoperable services with a wide range of market players.

Bertrand Schapiro, Senior Investment Manager at Ardian Growth, said: “For more than a year, we built a strong relationship with José and MKD’s senior team, which helped us outline the terms and priorities of our partnership. The acquisitions of PTRZ and Fortius – that are taking place simultaneously with our investment – provide a good illustration of this”.

Laurent Foata, Head of Ardian Growth, added: “After our recent investment alongside T2O’s founders, this transaction highlights our aim to become a leading Growth Equity player for Spanish-based entrepreneurs looking for a sparring partner capable of supporting their development, both within Spain and internationally.”

ABOUT MKD
Founded in 2014 by current CEO José Piñera, MKD is a leading player in the supervision of maintenance and repair services for fleet managers. With over 250 experts and a large network of garages across Spain, the company offers through its online platform maintenance and repair cost optimization, and shorter “Vehicle off road” events.

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$71bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.

Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.

Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 500 employees working from fourteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo). It manages funds on behalf of around 700 clients through five pillars of investment expertise: Funds of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

LISTE DES PARTICIPANTS

MKD: José Piñera, Fernando Pérez Granero
Legal advisor: Gómez-Acebo & Pombo Abogados
Ardian: Laurent Foata, Bertrand Schapiro, Louise Gros
Legal advisor: EY (Francisco Aldavero Bernalte, Hector Gomez Ferrero)
Financial due diligence: Deloitte (Jordi Valls, Yannis Arago)
Tax due diligence: Deloitte (Santiago Doce, Ian Bueno)

PRESS CONTACTS

ARDIAN
Headland
CARL LEIJONHUFVUD
CLeijonhufvud@headlandconsultancy.com
Tel: +44 20 3805 4827

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Alpega expands its product portfolio with 4flow vista®, a leading transport planning and optimization software

Castik Capital

Alpega Group’s inet is strengthening its product offering with the integrated transport planning and optimization software 4flow vista®. With the acquisition of the rights to 4flow vista’s planning software, inet is now offering a seamlessly integrated TMS (“Transport Management System”) including planning, tendering, execution and highly developed analytics capabilities. Customers will benefit from higher visibility and flexibility, more automated processes and logistics cost savings of 20%+. Customers comprise mid-sized to large enterprises, some of which have saved more than €100m p.a. in logistics costs.

inet and 4flow are cooperating since 2003. Headquartered in Berlin, 4flow optimizes mid- and long term transportation requirements and networks, evaluating the best transport modalities, network structures and routes. The combination of inet products and 4flow vista® has already been deployed at various key customers such as Magna, Lear, Agco, Volvo and Robert Bosch. inet and 4flow plan to continue their joint product development in the future.

Following the acquisition of procurement software TenderEasy earlier in the year, the 4flow vista® addition allows Alpega to deliver an end-to-end solution to its global customers across different industries.

Alpega was formed in 2017 as a leading global logistics software company that offers end-to-end solutions covering all transport needs, including TMS solutions and freight exchanges and offering its customers the largest network of carriers in Europe. Key products comprise:

  • inet – TMS solution for complex, multi-modal global transportation networks including unique dynamic optimization capabilities
  • TenderEasy – Freight procurement solution that allows its customers to run tenders across verticals and geographies
  • Transwide – Modular TMS solution for shippers, logistics service providers and carriers to manage the end-to-end execution of transports
  • TAS-tms – Modular TMS solution that enables carriers and freight forwarders to manage the entire transport process
  • Teleroute, Bursa and 123cargo – Pan-European freight exchanges that connect to more than 50,000 carriers to offer and allocate shipments and trucks

About Castik Capital
Castik Capital S.à r.l. (“Castik Capital”) manages investments in private equity. Castik Capital is a European multi-strategy investment manager, acquiring significant ownership positions in European private and public companies, where long-term value can be generated through active partnerships with management teams.
Castik Capital has an investment horizon of up to ten years – longer than most other private equity funds. This enables Castik Capital to focus resources on its portfolio companies and ensure sustainable, long-term value creation.

Founded in 2014, Castik Capital is based in Luxembourg and focuses on identifying and developing investment opportunities across Europe. Investments are made by the Luxembourg-based fund, EPIC I SLP, the first fund managed by Castik Capital, which had its final close at EUR 1bn in July 2015.

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TA Associates to Invest in Compusoft

TA associates

BOSTON & SARPSBORG, Norway – TA Associates, a leading global growth private equity firm, today announced that it has entered into a definitive agreement to invest in Compusoft, a leading provider of computer-aided design (“CAD”) software to the kitchen and bathroom retail industries.

The investment is expected to close in the third quarter of 2018. Financial terms of the transaction were not disclosed.

Compusoft’s main products, Winner Design and Innoplus, provide design and sales support to kitchen and bathroom retailers, respectively. The user-friendly CAD systems include proprietary databases of graphic elements, pricing information and language translations from more than 2,800 digital manufacturer catalogues. They also feature fully-integrated graphics displayed in real‐time 3D. Additional Compusoft products allow individuals to easily design and view kitchens or bathrooms in 3D on a smartphone or tablet. The company also offers back-office customer relationship management (CRM) and process management software systems for small and large businesses. Founded in 1989 in Sarpsborg, Norway, Compusoft operates in 14 countries across Europe, as well as South Africa and Australia, and serves approximately 12,00o customers, including leading global manufacturers and retailers.

“Compusoft is among the industry leaders in Europe, with a high quality business model and an impressive history of sustained growth,” said Naveen Wadhera, a Managing Director at TA Associates who will join the Compusoft Board of Directors. “We look forward to partnering with Compusoft, which fits squarely within our focus on profitable businesses with strong management teams and proprietary products and services, to help the company capitalize on its strategy and accelerate growth.”

“Given our mission to create measurable added value for our customers, we believe TA Associates, with their well-earned reputation for helping businesses reach their full potential, is an ideal partner for Compusoft,” said David Tombre, Chief Executive Officer, Compusoft. “We have enjoyed notable organic and acquisitive growth over the course of our nearly 30-year history and are confident that TA can help us build on that success. We welcome the opportunity to work with TA as we explore opportunities for continued expansion.”

“As the demand for kitchen and bathroom modeling services continues to rise, we expect interest in Compusoft’s unique offerings and capabilities to expand further across Europe and other regions,” said J. Morgan Seigler, a Managing Director at TA Associates who will also join the Compusoft Board of Directors. “Importantly, Compusoft’s innovative technology provides customers with a user-friendly experience to develop fully-customized spaces to meet their individual needs and desires. With the company’s leading market position, we anticipate continued meaningful growth for Compusoft.”

Goodwin is providing legal counsel, while Alvarez & Marsal and KPMG are providing consulting services to TA Associates. Kvale is providing legal counsel and ABG Sundal Collier is serving as financial advisor to Compusoft.

About Compusoft
Founded in 1989 in Sarpsborg, Norway, Compusoft provides sales, management, communication, web and business solutions for the kitchen and bath industry. The company’s advanced CAD software solutions offer dynamic sales tools for retailers, helping them lead customers through the entire planning process, from sketch to fully installed kitchen or bath. With a focus on creating added value for its customers, Compusoft combines the development of high-quality software with a dedication to customer service. Compusoft operates in 14 countries across Europe, as well as South Africa and Australia. For more information, please visit www.compusoftgroup.com.

About TA Associates
Now in its 50th year, TA Associates is one of the largest and most experienced global growth private equity firms. Focused on five target industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in nearly 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in growth companies. TA has raised $24 billion in capital since its founding in 1968 and is committing to new investments at the pace of $1.5 to $2 billion per year. The firm’s more than 80 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com.

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