LEA Partners invests in HCM software provider LANDWEHR
Karlsruhe — The technology investor LEA Partners invests in the LANDWEHR Group through its LEA Mittelstandspartner Fund together with the long-standing management team. The founding family continues to hold a stake in the company.
LANDWEHR has been developing and selling highly specialized HCM software products, especially for personnel and building services companies, since 1994 and is considered the market leader in the German market with more than 2,000 customers. LANDWEHR also offers an industry solution for event service providers with intensive staff deployment. In addition, LANDWEHR’s portfolio is rounded off by software offerings for payroll accounting and financial accounting. Another LANDWEHR division is services, training and server hosting.
As part of the transaction, the management team of Marc Linkert, Hubert Obermeyer and Thorsten Temme will take over the management of the company from the Landwehr family and acquire a stake in the company themselves. Marc Linkert, Managing Director Sales, explains: “Strengthened by the expertise and resources of LEA Partners, we can decisively drive our company forward in an important phase of development: not only by expanding our existing product and service offering, but also in particular by investing in further industry solutions and in our sales and technology organization.”
“We have selected our new majority shareholder very carefully. LEA Partners has an excellent reputation as a partner of high-growth technology companies,” says Oliver Landwehr. “We are proud that we have been able to successfully implement a succession plan that strengthens LANDWEHR in the long term and fits the company’s culture.”
“The Landwehr family, management team and employees of LANDWEHR have done an impressive job of building the company over the past few years and developing it into a fast-growing market leader,” said Sebastian Müller of LEA Partners. “Based on the high customer value generated by LANDWEHR’s fully integrated software products in the partly highly regulated markets, we see substantial further growth potential. In addition, there are a variety of inorganic growth opportunities, which we want to examine in the course of a selective buy & build strategy and realize together with the management team.” www.leapartners.de