Darmstadt\/Madrid\/Lyon \u2014 Imaweb, a leading inde\u00adpen\u00addent deve\u00adlo\u00adper and provi\u00adder of soft\u00adware solu\u00adti\u00adons for auto\u00admo\u00adtive dealer\u00adships and repair shops in Europe, today announ\u00adced the acqui\u00adsi\u00adtion of Procar Infor\u00adma\u00adtik AG (\u201cProcar\u201d), a leading provi\u00adder of soft\u00adware solu\u00adti\u00adons for car dealer\u00adships in the DACH region. The parties have agreed not to disc\u00adlose the finan\u00adcial details of the transaction.<\/p>\n
Darm\u00adstadt-based Procar Infor\u00adma\u00adtik AG was foun\u00added in 1998 and, with around 1,000 custo\u00admers, is one of the leading provi\u00adders of soft\u00adware solu\u00adti\u00adons for car dealer\u00adships in Germany. The company offers solu\u00adti\u00adons for dealers and work\u00adshops of the most famous auto\u00admo\u00adtive brands such as Toyota, BMW, Skoda, Seat, Volks\u00adwa\u00adgen, Audi, Ford and Renault.<\/p>\n
Imaweb provi\u00addes auto\u00admo\u00adtive manu\u00adfac\u00adtu\u00adr\u00aders (OEMs) and car dealer\u00adships with a compre\u00adhen\u00adsive range of soft\u00adware solu\u00adti\u00adons to help them digi\u00adtize their entire proces\u00adses. The company is the market leader in custo\u00admer rela\u00adti\u00adonship manage\u00adment (CRM), dealer\u00adship manage\u00adment and after\u00adsa\u00adles soft\u00adware. Since May 2019, Madrid-based Imaweb has been accom\u00adpa\u00adnied by funds advi\u00adsed by PSG. PSG is an inves\u00adtor specia\u00adli\u00adzing in soft\u00adware compa\u00adnies that provi\u00addes growth capi\u00adtal to leading mid-market companies.<\/p>\n
Through the acqui\u00adsi\u00adtion of Procar, Imaweb estab\u00adlishes a strong presence in the DACH region, the largest auto\u00admo\u00adtive market in Europe. At the same time, the acqui\u00adsi\u00adtion crea\u00adtes a leading plat\u00adform that will enable further conso\u00adli\u00adda\u00adtion of the highly frag\u00admen\u00adted soft\u00adware market for car dealer\u00adships. The two foun\u00adders of Procar, Volker Holt\u00adhaus and Karl-Heinz Schlapp, will conti\u00adnue to manage the opera\u00adtio\u00adnal business.<\/p>\n
\u201cWe are deligh\u00adted to have the Procar team support Imaweb. This tran\u00adsac\u00adtion repres\u00adents a leap forward in the deve\u00adlo\u00adp\u00adment of our company and is ther\u00ade\u00adfore an important mile\u00adstone,\u201d empha\u00adsi\u00adzed Patrick Prajs, CEO, and Julian Ciccale, co-foun\u00adder and deputy CEO, of Imaweb. \u201cBy combi\u00adning Procar\u2019s posi\u00adtion as market leader in the DACH region with our exis\u00adting offe\u00adring in other Euro\u00adpean count\u00adries, we are initia\u00adting Imawe\u00adb\u2019s next phase of growth towards beco\u00adming a leading pan-Euro\u00adpean provider.\u201d<\/p>\n
Volker Holt\u00adhaus and Karl-Heinz Schlapp added: \u201cWe are very plea\u00adsed to become part of Imawe\u00adb\u2019s success story. Imaweb has a strong posi\u00adtion in Europe and follows a part\u00adner\u00adship approach. This makes it exactly the right part\u00adner to take Procar to the next level of its development.\u201d<\/p>\n
PSG has been support\u00ading the foun\u00adders of Imaweb in the pan-Euro\u00adpean expan\u00adsion of the leading Spanish provi\u00adder of CRM solu\u00adti\u00adons in the auto\u00admo\u00adtive indus\u00adtry since May 2019. Imawe\u00adb\u2019s strong growth in recent years has been both orga\u00adnic and driven by M&A acti\u00advity. Imaweb had alre\u00adady acqui\u00adred IDF\/Datafirst, a leading soft\u00adware deve\u00adlo\u00adper for car dealer\u00adships in France, in Septem\u00adber 2019 and formed it into a strong plat\u00adform with the subse\u00adquent acqui\u00adsi\u00adti\u00adons of TMS and Adstra\u00adtegy. In addi\u00adtion, Imaweb was able to expand its posi\u00adtion on the Iberian Penin\u00adsula through the acqui\u00adsi\u00adtion of Serin\u00adfer in Spain and Portu\u00adgal, and also estab\u00adlished itself in the Bene\u00adlux count\u00adries with the acqui\u00adsi\u00adtion of IT Motive and Evolutive.<\/p>\n
About Imaweb<\/strong><\/p>\n Imaweb is a leading soft\u00adware provi\u00adder for auto\u00admo\u00adtive sales in Europe. The company resul\u00adted from the merger in 2019 of Imaweb, a Spanish company specia\u00adli\u00adzing in the deve\u00adlo\u00adp\u00adment of global CRM solu\u00adti\u00adons for sales, marke\u00adting and custo\u00admer service, with DATA\u00adFIRST-I\u2019Car Systems Group, the leading French provi\u00adder of car dealer\u00adship soft\u00adware. www.imaweb.com<\/p>\n About Procar<\/strong><\/p>\n Procar Infor\u00adma\u00adtik AG is one of the leading German provi\u00adders of soft\u00adware solu\u00adti\u00adons for car dealer\u00adships. Foun\u00added in 1998 by Volker Holt\u00adhaus and Karl-Heinz Schlapp, Procar today offers solu\u00adti\u00adons for around 1,000 car dealers and OEMs in the DACH region. The company\u2019s custo\u00admers include dealer\u00adships of seve\u00adral global auto\u00admo\u00adtive brands, inclu\u00adding Toyota, BMW, Skoda, Seat, VW, Audi, Ford, Renault and Nissan. www.procar.de<\/p>\n About PSG<\/strong><\/p>\n PSG is a specia\u00adlist soft\u00adware company inves\u00adtor, a subsi\u00addiary of PSG Group of South Africa, which provi\u00addes growth capi\u00adtal to leading, fast-growing mid-market compa\u00adnies. PSG works closely with foun\u00adders and manage\u00adment teams and supports them in imple\u00admen\u00adting their stra\u00adtegy. PSG provi\u00addes opera\u00adtio\u00adnal and finan\u00adcial resour\u00adces for this purpose to acce\u00adle\u00adrate growth. Since its incep\u00adtion in 2014, PSG has assis\u00adted more than 65 soft\u00adware compa\u00adnies and helped execute more than 275 add-on acqui\u00adsi\u00adti\u00adons. PSG has offices in London, Boston and Kansas City.<\/p>\n","protected":false},"excerpt":{"rendered":" Darmstadt\/Madrid\/Lyon \u2014 Imaweb, a leading inde\u00adpen\u00addent deve\u00adlo\u00adper and provi\u00adder of soft\u00adware solu\u00adti\u00adons for auto\u00admo\u00adtive dealer\u00adships and repair shops in Europe, today announ\u00adced the acqui\u00adsi\u00adtion of Procar Infor\u00adma\u00adtik AG (\u201cProcar\u201d), a leading provi\u00adder of soft\u00adware solu\u00adti\u00adons for car dealer\u00adships in the DACH region. The parties have agreed not to disc\u00adlose the finan\u00adcial details of the transaction. [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":36576,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369],"tags":[],"class_list":["post-43358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors","news-category-private-equity-news-en"],"yoast_head":"\n