Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) is selling a signi\u00adfi\u00adcant portion of its stake in Solva\u00adres, a leading provi\u00adder of soft\u00adware solu\u00adti\u00adons for resource and route plan\u00adning. Five Arrows joins as a part\u00adner to support the company on its further growth path. The shares in DBAG ECF III, which was advi\u00adsed by DBAG, will also be parti\u00adally sold. With its invest\u00adment in Solva\u00adres, DBAG ECF III has successfully arran\u00adged the succes\u00adsion of the former foun\u00adder-mana\u00adged company.<\/p>\n
Proceeds from the sale slightly above the fair value of the invest\u00adment as at Decem\u00adber 31, 2023 Second sale from the DBAG ECF III portfolio<\/strong><\/p>\n With the sale of its stake, DBAG ECF III has achie\u00adved the second realiza\u00adtion from its fund port\u00adfo\u00adlio. Since 2018, the fund has built up a port\u00adfo\u00adlio of three compa\u00adnies. The sale of the invest\u00adment in BTV Multi\u00adme\u00addia was the first MBO sale from the DBAG ECF III portfolio.<\/p>\n Dispo\u00adsal under\u00adlines DBAG\u2019s progress in the IT Services and Soft\u00adware segment <\/strong><\/p>\n The successful sale also under\u00adlines the good progress made by DBAG in the IT Services and Soft\u00adware segment. After buil\u00adding up exten\u00adsive know-how and a strong network, seven invest\u00adments have now been made in this segment. The asso\u00adcia\u00adted share of DBAG\u2019s total port\u00adfo\u00adlio value has increased almost five\u00adfold in the last three years from five to 24 percent (as of Decem\u00adber 31, 2023).<\/p>\n Leading provi\u00adder of soft\u00adware solu\u00adti\u00adons for resource and route plan\u00adning in Europe<\/strong><\/p>\n Solva\u00adres offers its custo\u00admers indus\u00adtry-leading soft\u00adware solu\u00adti\u00adons for plan\u00adning, control\u00adling and opti\u00admi\u00adzing their field service, distri\u00adbu\u00adtion and trans\u00adport logi\u00adstics. Solva\u00adres\u2019 solu\u00adtion plat\u00adform is at the center of resource and mobi\u00adlity manage\u00adment and supports over 3,000 custo\u00admers in 45 count\u00adries in solving complex use cases through proprie\u00adtary algo\u00adrithms and best-of-breed tech\u00adno\u00adlo\u00adgies. This achie\u00adves tangi\u00adble effi\u00adci\u00adency gains for field service orga\u00adniza\u00adti\u00adons and at the same time signi\u00adfi\u00adcantly redu\u00adces resource consump\u00adtion and CO2 emis\u00adsi\u00adons. With a clear stra\u00adte\u00adgic focus and far-reaching invest\u00adments, Solva\u00adres has succee\u00added in trans\u00adforming itself from a tradi\u00adtio\u00adnal license busi\u00adness into a powerful SaaS solu\u00adtion provi\u00adder. Turno\u00adver has increased almost five\u00adfold in the last five years. Acqui\u00adsi\u00adti\u00adons also contri\u00adbu\u00adted to the average double-digit orga\u00adnic growth. The targe\u00adted acqui\u00adsi\u00adtion of a total of five compa\u00adnies enab\u00adled further expan\u00adsion in the field sales manage\u00adment area and comple\u00admen\u00adted the product port\u00adfo\u00adlio with logi\u00adstics and mobile func\u00adtions. Finally, the inte\u00adgra\u00adtion of a former UK sales part\u00adner helped with internationalization.<\/p>\n \u201cThe high growth dyna\u00admics of the market coupled with invest\u00adments in soft\u00adware code and targe\u00adted inter\u00adna\u00adtio\u00adnal company acqui\u00adsi\u00adti\u00adons have made a signi\u00adfi\u00adcant contri\u00adbu\u00adtion to forming a Euro\u00adpean market leader,\u201d comm\u00adents Tom Alzin, Spokes\u00adman of the Manage\u00adment Board of Deut\u00adsche Betei\u00adli\u00adgungs AG <\/strong>(photo \u00a9 DBAG), on the partial sale. He added: \u201cOur decis\u00adion to focus more on digi\u00adtal busi\u00adness models is incre\u00adasingly paying off \u2014 to the bene\u00adfit of inves\u00adtors in DBAG\u2019s shares and funds.\u201d<\/p>\n Ivan Baga\u00adric, Chief Execu\u00adtive Offi\u00adcer of Solva\u00adres<\/strong>adds: \u201cOur solu\u00adti\u00adons deli\u00adver signi\u00adfi\u00adcant added value to our custo\u00admers on a daily basis. Our busi\u00adness has deve\u00adlo\u00adped stron\u00adgly in recent years and I look forward to conti\u00adnuing our growth plan in the coming years and deve\u00adlo\u00adping Solva\u00adres into the Euro\u00adpean market leader for field manage\u00adment and logi\u00adstics soft\u00adware. Five Arrows, with its exten\u00adsive global expe\u00adri\u00adence in scaling B2B soft\u00adware busi\u00adnesses and long-term invest\u00adment perspec\u00adtive, is our part\u00adner of choice to support us in this next phase of our jour\u00adney. We are grateful for DBAG\u2019s support to date and are deligh\u00adted that they will remain our inves\u00adtors along\u00adside Five Arrows.\u201d<\/p>\n About DBAG<\/strong><\/p>\n Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG), listed on the stock exch\u00adange since 1985, is one of Germany\u2019s most renow\u00adned private equity compa\u00adnies. As an inves\u00adtor and fund advi\u00adsor, DBAG\u2019s invest\u00adment focus has tradi\u00adtio\u00adnally been on medium-sized compa\u00adnies with a focus on well-posi\u00adtio\u00adned compa\u00adnies with deve\u00adlo\u00adp\u00adment poten\u00adtial, prima\u00adrily in the DACH region. The indus\u00adtry focus is on manu\u00adfac\u00adtu\u00adring compa\u00adnies, indus\u00adtrial service provi\u00adders and Indus\u00adtry\u00adTech compa\u00adnies \u2014 i.e. compa\u00adnies whose products enable auto\u00adma\u00adtion, robo\u00adtics and digi\u00adtiza\u00adtion \u2014 as well as compa\u00adnies from the broad\u00adband tele\u00adcom\u00admu\u00adni\u00adca\u00adti\u00adons, IT services, soft\u00adware and health\u00adcare sectors. Since 2020, DBAG has also been repre\u00adsen\u00adted in Italy with its own office in Milan. Assets mana\u00adged or advi\u00adsed by the DBAG Group amount to appro\u00adxi\u00adm\u00adately 2.6 billion euros. As part of its stra\u00adte\u00adgic part\u00adner\u00adship with ELF Capi\u00adtal Group, DBAG is adding private debt capi\u00adtal to its range of flexi\u00adble finan\u00adcing solu\u00adti\u00adons for SMEs.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) is selling a signi\u00adfi\u00adcant portion of its stake in Solva\u00adres, a leading provi\u00adder of soft\u00adware solu\u00adti\u00adons for resource and route plan\u00adning. Five Arrows joins as a part\u00adner to support the company on its further growth path. The shares in DBAG ECF III, which was advi\u00adsed by DBAG, [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":51254,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369,1372],"tags":[],"class_list":["post-51256","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","category-consultant"],"yoast_head":"\n
\n<\/strong>
\nDBAG is now reali\u00adzing proceeds from the sale that are slightly higher than the fair value of the invest\u00adment in the preli\u00admi\u00adnary conso\u00adli\u00adda\u00adted balance sheet as at 31 Decem\u00adber 2023. This results in a slightly posi\u00adtive value contri\u00adbu\u00adtion from the tran\u00adsac\u00adtion in the current quar\u00adter. The further invest\u00adment will allow addi\u00adtio\u00adnal value to be gene\u00adra\u00adted from the future deve\u00adlo\u00adp\u00adment of the company: DBAG and DBAG ECF III conti\u00adnue to see very good deve\u00adlo\u00adp\u00adment oppor\u00adtu\u00adni\u00adties for Solva\u00adres, which is now one of the largest Euro\u00adpean plat\u00adforms for resource opti\u00admiza\u00adtion, and will ther\u00ade\u00adfore retain a signi\u00adfi\u00adcant stake. The new share\u00adhol\u00adder, Five Arrows, brings valuable B2B soft\u00adware and indus\u00adtry exper\u00adtise to support the expan\u00adsion of Solva\u00adres\u2019 product port\u00adfo\u00adlio and inter\u00adna\u00adtio\u00adnal expan\u00adsion stra\u00adtegy by acce\u00adle\u00adra\u00adting orga\u00adnic growth and acquisitions.<\/p>\n