M&A Deal Summary

Beta Systems Software AG Acquires HABEL KG

On July 2, 2019, Beta Systems Software AG acquired software company HABEL KG from Elvaston Capital Management for 10M EUR

Acquisition Highlights
  • This is Beta Systems Software AG’s 1st transaction in the Software sector.
  • This is Beta Systems Software AG’s largest (disclosed) transaction.
  • This is Beta Systems Software AG’s 1st transaction in Germany.

M&A Deal Summary

Date 2019-07-02
Target HABEL KG
Sector Software
Buyer(s) Beta Systems Software AG
Sellers(s) Elvaston Capital Management
Deal Type Add-on Acquisition
Deal Value 10M EUR

Target

HABEL KG

Weilheim, Germany
website
HABEL GmbH & Co. KG is a provider of document management software solutions. HABEL is based in Weilheim, Germany.

Search 184,358 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Beta Systems Software AG

Berlin, Germany

website


Category Company
Sector Software
DESCRIPTION

Beta Systems Software AG is specialized in developing and selling software applications that automate the business processes of major corporations, IT service providers, public authorities and mid-sized companies. Beta Systems Software is based in Berlin, Germany.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

DESCRIPTION

Elvaston Capital Management is an entrepreneur-led private equity firm, specializing in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 2
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-25 Remira

Dortmund, Germany

Remira GmbH focuses on the development, distribution, and implementation of automated software solutions for inventory optimization, demand management, and sales planning. Remira GmbH offers a predictive forecast tool for production and capacity planning. 40 Remira specialists maintain 600 installations for 150 customers and enable the optimization of up to 50 million items in their customer’s warehouses. Remira’s proprietary software LogoMate® is highly intuitive and easy to integrate into existing ERP Systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Clarity & Success Software

Halle, Germany

Clarity & Success Software GmbH is specialized in the development, sale, and implementation of Point of Sale Systems and Warehouse Management Software. Founded in 1995 C&S today looks after 2.800 stores in the Jewellery and Green Industry.

Buy -