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Super Exit for HTGF: Quentic goes to AMCS

Photo: Quen­tic foun­ding team: f. l. t. r. Hardy Menzel (CTO), Sebas­tian Mönnich (COO) and Markus Becker (CEO) — Image rights: Quentic
12. May 2022

Bonn / Berlin — AMCS and Quen­tic announ­ced that the compa­nies have reached an agree­ment for the purchase of Quen­tic GmbH — a leading provi­der of EHSQ and ESG report­ing — by AMCS. The acqui­si­tion is supported by AMCS’ inves­tors, inclu­ding Clear­lake Capi­tal Group, which is joining forces with AMCS for its next phase of growth. High-Tech Grün­der­fonds (HTGF) will sell its shares as part of the deal. For HTGF, it is one of the most profi­ta­ble investments.

The parties have agreed not to disc­lose the finan­cial terms of the tran­sac­tion. The tran­sac­tion is subject to regu­la­tory appr­oval and is expec­ted to close in the coming weeks. Follo­wing regu­la­tory appr­oval, Quen­tic will become part of AMCS.

The tran­sac­tion will give HTGF the third highest multi­ple in its fund history. The seed inves­tor from Bonn had alre­ady inves­ted in Quen­tic in 2008, accom­pa­nied it inten­si­vely for 14 years and was able to contri­bute signi­fi­cantly to the deve­lo­p­ment of the start-up through close exch­ange. HTGF reco­gni­zed the great market poten­tial of EHSQ and ESG report­ing early on. Inves­t­ing in sustainable start-ups has been an important focus of the fund since the begin­ning: Quen­tic is a leading provi­der in the field of stan­dar­di­zed soft­ware solu­ti­ons for occu­pa­tio­nal safety, envi­ron­men­tal manage­ment and sustainability.

AMCS is a leading global provi­der of inte­gra­ted soft­ware and vehicle tech­no­logy for the envi­ron­ment, recy­cling and resour­ces sectors. As part of AMCS, Quentic’s market posi­tion is to be further expan­ded. AMCS is fully aligned with Quentic’s mission to enable orga­niza­ti­ons around the world to sustain­ably manage their people, busi­ness and envi­ron­men­tal proces­ses at all levels.

The sale is a mile­stone. The foun­ding team alre­ady set the course in 2007/2008 with a view to cloud tech­no­lo­gies, the SaaS busi­ness model and then visio­nary topics such as EHSQ and ESG. “I am very happy for the three foun­ders, all of whom are still in opera­tio­nal roles, as well as all Quen­tic employees about this great success and of course to have expe­ri­en­ced this long, as well as extre­mely successful jour­ney toge­ther,” said Markus Kreß­mann, Part­ner at HTGF

“HTGF accom­pa­nied us as an inves­tor and stra­te­gic part­ner at a very early stage. For a soft­ware company like us, HTGF’s network and indus­try know­ledge are very important. We thank them for their valuable coope­ra­tion and support!” Markus Becker, CEO and co-foun­­der of Quentic

Quen­tic GmbH is a spin-off of the Berlin Univer­sity of Applied Scien­ces and was supported in the early phase by an EXIST start-up grant from the German Fede­ral Minis­try of Econo­mics and Tech­no­logy. HTGF remained on board for seve­ral finan­cing phases and supported the company in further follow-up financing.

Today, the company has 250 employees at over 14 loca­ti­ons throug­hout Europe. Its custo­mers include more than 900 medium-sized compa­nies as well as major global corporations.

About Quen­tic
Quen­tic is a leading Soft­ware as a Service (SaaS) solu­tion provi­der for HSEQ and ESG manage­ment. The Quen­tic plat­form compri­ses ten indi­vi­du­ally combi­nable specia­list modu­les and thus offers the best prere­qui­si­tes for effi­ci­ent manage­ment in the areas of occu­pa­tio­nal safety, risks & audits, events & obser­va­tions, hazar­dous subs­tances, control of work, legal compli­ance, online instruc­tions, proces­ses, envi­ron­men­tal manage­ment and sustaina­bi­lity. They are comple­men­ted by the Quen­tic app for mobile report­ing and by powerful analy­sis opti­ons, as well as clear and daily updated dash­boards on HSEQ key data in Quen­tic Analy­tics. Over 900 custo­mers have built their custo­mi­zed and powerful HSEQ manage­ment plat­form with Quen­tic soft­ware solu­ti­ons, streng­thening their organization’s sustaina­­bi­­lity-rela­­ted Envi­ron­ment, Social and Gover­nance (ESG) respon­si­bi­lity areas. The inte­gra­tive soft­ware is suita­ble to support complete manage­ment systems accor­ding to ISO 14001, ISO 50001 and ISO 45001.
Quen­tic is head­quar­te­red in Berlin, Germany, and employs more than 250 people. Subsi­dia­ries are loca­ted in Germany, Austria, Switz­er­land, Finland, Sweden, Denmark, Belgium, the Nether­lands, France, Spain and Italy.

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