London, 16th of November 2023: Volpi Capital, a pan-European B2B technology investor, is delighted to announce its partnership with Yaveon.

Founded in 2008, Yaveon is a leading ERP software vendor and system integrator specialising in the Microsoft Dynamics ERP platform. It serves small and medium companies operating in the process manufacturing industry including the highly regulated life sciences industry. In addition to in-depth industry know-how, YAVEON offers a proprietary suite of industry extensions. Headquartered in Germany, the Company has 217 employees and a global customer base.

Its management team partnered with Volpi after months of close collaboration, with a joint plan to (i) focus on people & recruitment, (ii) scale its proprietary software by leveraging a scalable, channel-based go-to-market strategy, and (iii) acquire complementary vendors in the Microsoft partner network.

Given the rapid growth of the Microsoft Dynamics platform and its partner-first strategy, Volpi and management see a significant opportunity for Yaveon to become the global reference for Microsoft in the process manufacturing and life sciences vertical, through both organic growth and M&A consolidation. Yaveon has demonstrated high growth in recent years, exhibiting impressive revenue and EBITDA CAGRs, largely driven by the expansion of its industry software which is sold across Europe and the Americas.

Yaveon was also recognised as a top place to work in Germany by Kununu and Focus Top Employers in 2023.

York Braune, Yaveon’s CEO commented, “We are excited about the next stage of growth with Volpi. Our choice to partner with them stems from their track record in scaling software businesses globally, particularly via partner channels, their strong focus on culture, as well as our joint conviction in Microsoft Dynamics as a winning platform”.

Gebhard Schwan, COO and Co-Founder added, “This is an exciting time for us, given our momentum in the market. Volpi’s success stories, such as their scaling of the delivery function at Version 1, their entry into the Microsoft market with Boyum IT, and multiple international M&A transactions in the space, demonstrates the value they bring to the table”.

Crevan O’Grady of Volpi Capital responded, “As a thematic investor, we had identified the Microsoft Dynamics partner network as a top market since 2020 and were actively looking for the right management team to partner with. York, Gebhard and the rest of the Yaveon team impressed us immediately; we are excited to roll up our sleeves and deploy Volpi’s resources to help the team fully capture the global market opportunity”.

Marc Andreoli of Volpi Capital added, “Now is the time to invest in international growth, to create a global Dynamics champion for process manufacturing. We look forward to support York, Gebhard and their team to further scale the organisation, both organically and via complementary M&A”.

Volpi was advised by PwC (Financial DD, Tax DD, and structuring), White & Case (Legal), Ringstone (ITDD), Christoffer Holten (Customer DD), Corporate Balance (ESG DD), and Howden (W&I insurance). Debt financing was provided by Gestalterbank.

Yaveon was advised by Greenfort (Legal), Ebner Stolz (Financial) and Kuhn & Partner (Tax).

The Volpi team was led by Crevan O’Grady, Marc Andreoli, Fernando Piekenbrock, and Annamarie Krcmar. Jarlath Dooley, former Director at Version 1 will join as Chairperson of the Board.

About Volpi Capital

Volpi Capital is a specialist Pan-European lower mid-market private equity firm seeking to partner with ambitious businesses that use technology to disrupt traditional B2B value chains. Volpi typically invests €25-75 million of equity in businesses with enterprise values between €50 million and €200 million and seeks to drive transformative growth through international expansion and consolidation. The firm, which was founded in 2016 by Crevan O’Grady and Marco Sodi, closed its second fund (Volpi Capital Fund II) in December 2020 with €323 million of commitments, and is now investing from its third fund (Volpi Capital Fund III)

Media enquiries Volpi Capital
Samantha Lang
Public Relations
+44 203 747 2625
info@volpicapital.com

Adding FigBytes’ technical expertise and market presence will allow AMCS to offer a powerful EHSQ and ESG solution to serve clients worldwide

Limerick, Ireland/OTTAWA, Ontario, Canada – October 31, 2023 – AMCS, a leading global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling, and resource industries, announced today that it has acquired FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, for an undisclosed amount.

This is the second strategic move for AMCS in the Environmental, Social, and Governance (ESG) space, following the acquisition of Quentic in June 2022. These recent acquisitions highlight the company’s commitment to invest globally in the environmental services industry. The strong market presence of FigBytes technology in North America is complementary to the presence AMCS has established in Europe. This acquisition will enable AMCS to better serve clients around the world with cloud-based SaaS solutions that help them reach their sustainability goals and manage increasingly complex regulatory reporting requirements.

“Our mission is to create an environmentally sustainable future for our clients and their families, and we are excited to have FigBytes join us in these efforts,” said Jimmy Martin, CEO of AMCS. “This acquisition underscores our mission to provide integrated, secure, and future-proof environmental software solutions that help clients across the globe accelerate their growth and sustainability.”

The FigBytes platform will further strengthen AMCS’ current offerings for ESG reporting and data management and complement the company’s existing capabilities. AMCS now has ESG expertise spanning Europe and North America and can offer global solutions for sustainability and compliance to customers, encompassing all the regulatory considerations of the different regions. For example, the new mandatory EU CSRD regulation will affect most companies at different times in the future. These companies must manage their ESG data and ensure auditable reporting through the ESRS reporting framework. For effective data management and accurate reporting and to fulfill requirements related to this regulation and others, FigBytes provides added value for AMCS customers.

“For nearly a decade, we have equipped sustainability leaders everywhere with robust tools, resources, and expertise in order to put their ESG and sustainability programs into action,” said Ted Dhillon, CEO and co-founder of FigBytes. “The combination of FigBytes’ award-winning Sustainability Platform and the AMCS suite of Environmental Software Solutions provides organizations with a unique, compelling offering and one of the clearest digital pathways to a more sustainable future while enabling them to comply with ESG regulations around the world.

I’m incredibly confident that our alignment with AMCS will unlock tremendous opportunities for organizations to make an even greater positive change for people and the planet.”

About FigBytes

FigBytes software platform helps customers track and report on their ESG targets in areas including carbon accounting, climate action, water impacts, and supply chain activities. The FigBytes system automates reporting and provides complete insight into ESG activities in a single platform. To learn more, visit https://figbytes.com/.

About AMCS

AMCS is a market leader in integrated software and vehicle technology for the environmental, waste, recycling, and resource industries and provides optimization solutions for the broader transportation and logistics market. AMCS helps more than 4,000 customers worldwide reduce operating costs, increase asset utilization, optimize margins, and improve customer service. The company’s enterprise software and SaaS solutions deliver digital innovation to the emerging circular economy around the world. Learn more at www.amcsgroup.com.

Media Contact:

Clara O’Mahoney

AM O Sullivan PR

Clara@amosullivanpr.ie

M +353 (87) 9261207

Acquisition of Flowtrac yields new capabilities to meet federal standards, automate tasks and improve productivity

Dulles, VA, November 1, 2023 – Unanet today announced new inventory and project manufacturing features for government contractors (GovCons). As the leading provider of enterprise resource planning (ERP) and customer relationship management (CRM) solutions for GovCons, Unanet is following through on its commitment to innovating its technology and meet the ever-growing needs of its customers. 

Carefully managing materials, inventory, assets, and the manufacturing process is a growing need among thousands of GovCons that deliver made-to-order products to their federal agency clients. From ruggedized laptops for the military to packaging vaccines for delivery, these products are highly specialized and require detailed and unique specifications along with ongoing project management, all of which must meet various compliance requirements. In addition to automating procurement, tracking government furnished property (GFP), supply chain management and other operations, Unanet’s customers can stay compliant by keeping inventory and manufacturing aligned with their accounting and ongoing project management.  

“GovCons told us they want these capabilities synchronized with their accounting and project management, so we listened and acted. We are committed to ensuring our customers have the tools they need for success,” said Craig Halliday, CEO of Unanet. “We’re effectively integrating best-in-class capabilities, so our customers have a one-stop-shop that meets all their needs upon implementation. Today’s news is just one more example of how we’re redefining what it means to be a customer-first solution provider.” 

Unanet’s inventory and project manufacturing capabilities come through a recent acquisition of Flowtrac Software, an exclusive Unanet partner who has fully integrated offerings within the Unanet platform. GovCons of all sizes such as Blue Halo and Innoflight have successfully integrated Unanet ERP with the Flowtrac tools.  

“The integration of Unanet and Flowtrac allowed us to streamline our processes and reporting to effectively manage procurement and inventory. We have seen reduced processing time and overhead costs while also getting everything we need for audit compliance,” said Patrick Lenahan, CFO of Innoflight. 

By acquiring the capabilities, Unanet now has the features as part of its platform, while also having the ability to invest in and refine the tools so they meet customers’ expanding needs. 

Available today, Unanet GovCon ERP with inventory and project manufacturing gives customers: 

• Automatic connections between inventory, assets, manufacturing and finance. 
• Simplified compliance with built-in guardrails and audit trails. 

• Bill of materials (BOM) integration and project matching to track and allocate costs automatically.  
• Ability to track products by quantity, lot, and even by serial/tag code. 
• Inventory status and location down to aisle, bin and shelf. 
• Receiving and ordering with BOM integration to automate backorder and task assignments. 
• Customizable invoicing and billing workflows. 

Unanet’s acquisition of Flowtrac was a strategic move to add capabilities that will enrich the overall GovCon customer experience. Flowtrac will continue to provide industry-leading asset, inventory, and project manufacturing capabilities to the wide variety of industries it serves today. Currently, Flowtrac’s solutions are used by dozens of major GovCons and other successful companies.  

“Unanet’s customer focus, its drive to innovate, and its designation as a top workplace align closely with our culture, and our two companies complement each other perfectly,” said Stacy Tate, President and Founder of Flowtrac. “We are thrilled with the value our combined companies will deliver and look forward to a bright future, together.” 

“We welcome Flowtrac’s team and customer base to the Unanet family,” continued Halliday. “The possibilities for growth in a wide variety of industries and geographies are beneficial near-term and long. As a united team we will demonstrate true service and innovation, so our customers can achieve success on their terms.”  

About Unanet
Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for government contractors, architecture, engineering, construction, and professional services. More than 3,700 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, maintain regulatory compliance, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com.  

PERBILITY announced its strategic acquisition of BEGIS, a leading digital HR document specialist based in Berlin, Germany.

We are delighted to accompany PERBILITY in its next growth step.

– Yves Souren, PERBILITY’s Chairman of the Supervisory Board and Investment Director at Main Capital Partners.

Main announces a majority investment in Lux Scientiae, Incorporated (‘LuxSci’), a leading provider of healthcare-focused secure communications and secure hosting solutions.

We are thrilled to partner with the LuxSci team in spearheading the company’s next phase of growth.

– Daan Visscher, Co-Head of Main Capital North America at Main Capital Partners

• ProMik is a leading global provider of programming and testing solutions for the electronics manufacturing industry
• Demand for electronic components driven by increasing needs of consumers, industry and the mobility sector
• Another smooth succession arrangement for a family-owned business

Frankfurt/Main, 31 October 2023. Deutsche Beteiligungs AG (DBAG) has decided to invest in ProMik Programmiersysteme für die Mikroelektronik GmbH (ProMik), a leading global provider of programming and testing solutions for series production in the electronics industry. A fund advised by DBAG will acquire the majority of the shares held by the founding family, and a subsequent reinvestment will see the family retain minority ownership. Alexander Rosenberger and Jens Rosenberger, members of the founding family, will stay with the company as CTO and CMO, respectively.

ProMik: a champion from Nuremberg serving a global market
ProMik was founded in Nuremberg in 1995. With over 5,000 successful projects completed during the course of its history and more than 60 employees, the family-owned business has evolved into a global leader for sophisticated software solutions. ProMik is serving a market boasting double-digit growth rates and covering a broad range of applications. This range includes the mobility sector, where ProMik is supporting clients in autonomous driving, energy management and electric vehicles. ProMik is also active in the consumer goods, e-bike and home appliances sectors. Industrial applications, along with solutions for electronic components manufacturing that allow clients to optimise their own testing and programming processes, complete ProMik’s profile.

“ProMik is active in a flourishing market. We are glad that our network allows us to access exciting investment opportunities like this one, with an excellent product portfolio and attractive potential. There is every reason to look forward to helping ProMik evolve”, said Jannick Hunecke, member of the Board of Management of Deutsche Beteiligungs AG. “We are seeing interesting opportunities for strategic acquisitions in this market. This is where we can leverage our extensive M&A experience.”

Winfried Rosenberger, founder of ProMik, commented: “We are looking forward to joining forces with DBAG, and there is excitement at the prospect of growing our portfolio together. We have invested three decades into ProMik. With DBAG at our side, we have found the ideal investor for our succession planning and can look ahead with confidence.”

Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached an agreement to make a significant growth investment in GAN Integrity (“GAN” or “the Company”), a leading provider of technology that enables proactive, integrated, real-time management and monitoring of third-party and employee risk, ethics and compliance programs. The investment will enable GAN to accelerate product development and to better serve the growing demands of global brands for risk, ethics, and compliance management software technology.

Founded in Denmark in 2004, GAN provides cloud-based software solutions covering internal and external risk areas including third-party due diligence, disclosures, incident, and risk management, as well as multiple risk domains within third-party risk management. At its core, the Integrity Platform, a no code, workflow orchestration platform, enables ethics and compliance teams to effectively assess and manage risk while affecting change by driving proactive ethical and compliant behaviour across the enterprise. The platforms’ unified view of both internal and external risks, combined with its automation capabilities, transforms an organisation’s ability to create a holistic view of its risk landscape and deploy a control environment to manage exposure and unlock sustainable growth.

Risk & compliance applications on the Integrity Platform benefit from a unified data-structure, no-code workflow technology and granular role-based access control. Every application built on the Integrity Platform, from third-party risk management to conflicts of interest, gifts, donations, antitrust, risk assessments and more, empowers companies to design and deploy tailored solutions that accommodate unique organisational setups and internal processes to drive meaningful outcomes and actionable business intelligence. The Integrity Platform empowers compliance teams with cross-application reporting connecting external and internal risks, closing the gaps on functional and data silos for a true holistic management of enterprise risk.

Nicholas Manolis, CEO, GAN Integrity, said: “We’re incredibly excited to partner with Apax in this next stage of our journey. This investment provides us with the resources and flexibility to execute on our ambitious customer product road map and growth plans, providing even more organisations around the world with a platform that makes good governance effortless. With our talented team, and Apax’s unique insights and operational expertise, we have an exciting future ahead.”

“GAN helps its customers drive significant positive impact, and we are thrilled to have the opportunity to partner with Nick and the team. Ethics and compliance behaviours start at the top of all organisations, but businesses need an effective and scalable solution to implement policies and procedures, and GAN provides just that”, said David Su, Managing Partner, Apax Global Impact.

Juan Pablo (JP) Moncayo, Principal, Apax Global Impact, said: “We couldn’t be happier to be partnering with GAN and helping to fuel the next stage of its growth. Our research confirms that the Company’s platform directly helps drive positive corporate behaviour, acting as an enabler of good governance for the benefit of employees, stakeholders, and society at large. We believe that GAN has the potential to be a leader in this important space and we look forward to working closely with the team to reach our collective ambitions.”

Financial terms were not disclosed.

-ENDS-

ABOUT GAN Integrity

GAN Integrity helps global organisations elevate business ethics everywhere. We work with the world’s smartest companies to help them manage risk, impact behaviour and deliver long term strategic value.

GAN enables enterprises to embed ethics in and around their business, by engaging everyone, from front line workers to third parties and stakeholders on their journey towards ethical business transformation. The Integrity Platform has built-in flexibility to quickly adapt to changing regulatory requirements combined with the ever-demanding ethical expectations of their employees.

ABOUT APAX & APAX GLOBAL IMPACT

Apax Partners LLP (“Apax”) is a leading global private equity advisory firm. For 50 years, Apax has worked to inspire growth and ideas that transform businesses. The firm has raised and advised funds with aggregate commitments of more than $65 billion. The Apax Funds invest in companies across four global sectors of Internet/Consumer, Tech, Services, and Healthcare. These funds provide long-term equity financing to build and strengthen world-class companies.

Apax Global Impact seeks out opportunities to support companies which deliver tangible societal and/or environmental impact. The strategy revolves around themes including Health & Wellness, Environment & Resources, Social & Economic Mobility, and Digital Impact Enablers. Apax Global Impact leverages the deep expertise of the Apax sector teams, the strength and global scale of the Apax platform globally, and the value creation potential of Apax’s Operational Excellence Practice.

For more information see: www.apax.com.

Apax is authorised and regulated by the Financial Conduct Authority in the UK.