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Exit: Maxburg Capital sells Tenado to Revalize / TA Associates

Photo: Dr. Felix Trep­tow, Part­ner at Maxburg Capi­tal Part­ners in Munich
23. Novem­ber 2021

Bochum/ Hanburg — Maxburg Capi­tal Part­ners sells Tenado to Reva­lize Inc, a US port­fo­lio company of private equity fund TA Asso­cia­tes. DLA Piper advi­sed Reva­lize, Inc. on the acqui­si­tion of German CAD soft­ware provi­der Tenado. The acqui­si­tion of Tenado is a stra­te­gic addi­tion to Revalize’s exis­ting suite of soft­ware solu­ti­ons, which inclu­des CPQ, design, mode­ling, simu­la­tion and data analytics.

Tenado, head­quar­te­red in Bochum, Germany, specia­li­zes in the deve­lo­p­ment of CAD soft­ware solu­ti­ons for the metal and wood trades, mecha­ni­cal engi­nee­ring, fire protec­tion and traf­fic management.
Head­quar­te­red in the U.S., Reva­lize is a leading global provi­der of indus­­try-speci­­fic reve­nue opera­ti­ons soft­ware for manu­fac­tu­ring compa­nies, their distri­bu­tors and their plan­ners across a wide range of indus­tries. The company’s soft­ware solu­ti­ons include tools for impro­ved shop­ping expe­ri­en­ces, sales cycles and manu­fac­tu­ring proces­ses through a SaaS plat­form for CPQ, PIM, design appli­ca­ti­ons, engi­nee­ring simu­la­ti­ons, visua­liz­a­tion tools, AR/VR and more.

About Maxburg Capi­tal Partners

Maxburg Capi­tal Part­ners is an invest­ment manage­ment company focu­sed on the German-spea­­king region. Foun­ded by three part­ners with many years of expe­ri­ence as entre­pre­neurs and inves­tors in public and private equity, Maxburg focu­ses on long-term corpo­rate invest­ments with the aim of achie­ving lasting and sustainable value growth.

Based on several funds and a total fund volume of € 600 million, Maxburg has an excep­tio­nally flexi­ble invest­ment mandate: we actively invest across the entire range of capi­tal struc­tures — from equity to near-equity finan­cing opti­ons such as mezza­nine and mezza­­nine-like forms of invest­ment. We hold both majo­rity and mino­rity inte­rests in compa­nies. In addi­tion, Maxburg has the option of taking an active share­hol­der role in listed compa­nies. Our finan­cings range from €10 million to €100 million per tran­sac­tion. www.maxburg.com

The DLA Piper team in Germany was jointly led by Part­ner Dr. Benja­min Para­mes­wa­ran and Coun­sel Dr. Phil­ipp Clemens (both Corpo­rate, Hamburg) and also inclu­ded Part­ner Semin O (Anti­trust, Frank­furt) and Senior Asso­ciate Frie­de­rike Rickers (Corpo­rate, Hamburg). In the U.S., Reva­lize was advi­sed by corpo­rate part­ner Brad­ley Gersich and suppor­ted by of coun­sel Michael Cubell.

About DLA Piper
DLA Piper is one of the world’s leading commer­cial law firms, with offices in more than 40 coun­tries in Africa, Asia, Austra­lia, Europe, the Middle East, and North and South America. In Germany, DLA Piper is repre­sen­ted by more than 250 lawy­ers at its offices in Frank­furt, Hamburg, Colo­gne and Munich. In certain juris­dic­tions, this infor­ma­tion may be consi­de­red attor­ney adver­ti­sing. For more infor­ma­tion, visit: www.dlapiper.com

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