LEA Partners Sells refyne to VisualLogix, a Subsidiary of Insight Partners

Karlsruhe/Frankfurt am Main — LEA Part­ners (“LEA”), a leading inves­tor in soft­ware and service compa­nies in the DACH region, announ­ces the sale of refyne to Visual­Lo­gix, a port­fo­lio company of Insight Partners.

Head­quar­te­red in Frank­furt am Main, refyne combi­nes leading soft­ware and AI-powered solu­ti­ons for wood and metal cons­truc­tion into a unified plat­form that covers the entire process chain of manu­fac­tu­ring companies—from sales and quoting through design and engi­nee­ring to produc­tion and billing.

Since its incep­tion in June 2023, LEA has built refyne into the leading end-to-end soft­ware plat­form for wood and metal cons­truc­tion through a focu­sed buy-and-build strategy—in line with its stra­tegy to to invest in market-leading soft­ware compa­nies with a high propor­tion of recur­ring reve­nue. In a previously highly frag­men­ted soft­ware land­scape, five estab­lished specia­lists joined forces to form the refyne Group as part of a focu­sed buy-and-build stra­tegy and contin­ued their growth trajec­tory under the leader­ship of CEO Dr. Stefan Gutber­let. Key initia­ti­ves included the estab­lish­ment of a cross-group manage­ment struc­ture, the intro­duc­tion of the unified refyne brand, the acce­le­ra­tion of cloud migra­tion, and the expan­sion of inter­na­tio­nal sales. During the holding period, refyne more than doubled its reve­nue and evol­ved from a coll­ec­tion of indi­vi­dual specia­lists into one of the industry’s leading soft­ware groups—with more than 150 employees and over 25,000 users worldwide. 

Dr. Stefan Gutber­let, CEO of refyne: “Over the past few years, our team has trans­for­med a group of inde­pen­dent specia­lists into a unified plat­form and built refyne into a brand that our indus­try trusts. LEA has shared this vision from the very begin­ning and supported us as a true entre­pre­neu­rial part­ner. With Visual­Lo­gix and Insight Part­ners, we have now found the right part­ners to scale our end-to-end approach internationally—with the same commit­ment to our customers.”

Jan Huber, Prin­ci­pal at LEA Part­ners: “refyne is a prime exam­ple of our invest­ment focus: verti­cal soft­ware provi­ders with deep indus­try exper­tise and clear market leader­ship. The result is a plat­form that funda­men­tally simpli­fies the work­flows of an entire indus­try. We have thoroughly enjoyed working with Stefan and the entire refyne team—we wish them every success as they take their next step in inter­na­tio­nal growth along­side Visual­Lo­gix and Insight Partners.”

The tran­sac­tion marks the first exit from the Mittel­stands­part­ner II/II‑A Fund.

About refyne

refyne is a leading soft­ware plat­form for the digi­tal trans­for­ma­tion of wood and metal cons­truc­tion. Under the refyne brand, specia­lists CAD-PLAN, flixo, Triviso, N.CAD, and Trun­CAD bundle their solu­ti­ons and inte­grate CAD, CAM, and ERP into a seam­less process—from sales and design through produc­tion to billing. Head­quar­te­red in Frank­furt am Main, the group employs more than 150 people and serves over 25,000 users world­wide. www.refyne-group.com

About LEA Partners

With more than 2 billion EUR in commit­ted capi­tal, LEA—as an entre­pre­neu­rial equity partner—supports foun­ders and manage­ment teams at various stages of deve­lo­p­ment in their growth and in achie­ving a leading market posi­tion. Since 2002, the 40-member team based in Karls­ruhe has successfully supported more than 140 tech­no­logy companies.
Learn more at www.leapartners.de

About Insight Partners

Insight Part­ners is a global inves­tor that invests in high-growth tech­no­logy, soft­ware, and inter­net compa­nies driving change in their industries—from start­ups to scale-ups. As of Decem­ber 31, 2025, the firm had regu­la­tory assets under manage­ment of over $90 billion. Insight Part­ners has inves­ted in more than 900 compa­nies world­wide; over 55 port­fo­lio compa­nies have since gone public. Insight is head­quar­te­red in New York City and has a global presence with leader­ship teams in London, Tel Aviv, and the Bay Area. Insight’s mission is to iden­tify, fund, and successfully part­ner with visio­nary leaders—providing tail­o­red, hands-on soft­ware exper­tise throug­hout their entire growth jour­ney, from initial invest­ment to IPO. For more infor­ma­tion about Insight and its invest­ments, visit www.insightpartners.com or follow @insightpartners on X.