GRÜN Software wins family offices Fontas and Mogk as financially strong partners
Aachen — The Aachen-based GRÜN Software Group was able to win the Nuremberg family offices Fontas and Mogk as financially strong partners for its growth plans to build up a group of medium-sized B2B software companies. The investors have taken a significant minority stake. Founder and CEO Dr. Oliver Grün remains majority shareholder. Bird & Bird LLP advised the Nuremberg-based family offices Fontas and Mogk on their investment in Aachen-based GRÜN Software Group. You take over a significant minority shareholding
The aim of the partnership is to promote the growth of the GRÜN Software Group with today 150 employees by acquisition & further development of software companies with industry software within the framework of a “Buy & Build” strategy: “Through our new, strong partners, we complement our experience in building medium-sized software companies with the necessary capital for acquisitions. This creates an owner-managed platform for investments in software companies that is unique in this form,” says a pleased Dr. Oliver Grün.
The investment team at GRÜN will be supported by Prof. Dr. Rainer Lauterbach and Fabian Durst in the future. This will also strengthen the group’s financial expertise: “Our joint approach of combining software and financial know-how is a new offering in the market of medium-sized software companies, which is currently undergoing a strong consolidation phase due to successions and market changes,” says Prof. Lauterbach.
To strengthen and expand the operational business of the GRÜN Software Group, which currently offers solutions for non-profit organizations and education providers, Dirk Hönscheid, the company’s long-time authorized signatory and COO, was also appointed to the management board.
As part of a change in legal form, the company will no longer trade under the name GRÜN Software AG, but under GRÜN Software Group GmbH. All existing contacts, contracts and cooperations remain unchanged.
Consultant GRÜN Software Group: WSS Redpoint Cologne
Advisors to the Fontas and Mogk family offices: Bird & Bird Frankfurt
Partner Dr. Michael Jünemann (photo) and Accociate Johannes Wirtz, LL.M.