D\u00fcssel\u00addorf \u2014 Cumu\u00adlo\u00adcity manage\u00adment joins forces with a consor\u00adtium of inves\u00adtors led by Avedon Capi\u00adtal Part\u00adners to create the leading inde\u00adpen\u00addent IoT platform.<\/p>\n
Cumu\u00adlo\u00adcity, the German IIoT (Indus\u00adtrial IoT) pioneer, has been acqui\u00adred by its manage\u00adment team with the support of key inves\u00adtors Avedon Capi\u00adtal Part\u00adners, Schro\u00adders Capi\u00adtal and Verso Capi\u00adtal. The part\u00adner\u00adship will provide Cumu\u00adlo\u00adcity with the neces\u00adsary resour\u00adces and stra\u00adte\u00adgic support to conso\u00adli\u00addate its posi\u00adtion as a market leader in the fast-growing IoT sector. This includes further impro\u00adving the product, scaling opera\u00adti\u00adons and inves\u00adt\u00ading in talent. <\/p>\n
Cumu\u00adlo\u00adcity has stood out for years as one of the leading plat\u00adforms for IIoT and is reco\u00adgni\u00adzed by indus\u00adtrial equip\u00adment manu\u00adfac\u00adtu\u00adr\u00aders in various sectors for its strong product-market fit and repu\u00adta\u00adtion. Cumu\u00adlo\u00adci\u00adty\u2019s cutting-edge tech\u00adno\u00adlogy is now used by hundreds of compa\u00adnies in various indus\u00adtries world\u00adwide. One of the largest and most compe\u00adti\u00adtive growth markets for the Germany-based company is the United States, where Cumu\u00adlo\u00adcity has alre\u00adady achie\u00adved signi\u00adfi\u00adcant success. In addi\u00adtion, the company serves custo\u00admers in over 30 other count\u00adries, offe\u00adring a compre\u00adhen\u00adsive full-service approach, 24-hour support, Clou\u00addOps and custo\u00admi\u00adzed IIoT solutions. <\/p>\n
Cumu\u00adlo\u00adci\u00adty\u2019s manage\u00adment team \u2014 Bernd Gross, J\u00fcrgen Kr\u00e4mer, Stefan Vail\u00adlant, Jari Salmi\u00adnen<\/strong> and Philip Hooker<\/strong> \u2014 consists of passio\u00adnate foun\u00adders with deca\u00addes of expe\u00adri\u00adence in growth compa\u00adnies in the IIoT sector. They are ideally equip\u00adped to drive forward the company\u2019s ambi\u00adtious global expan\u00adsion plans. <\/p>\n Cumu\u00adlo\u00adci\u00adty\u2019s plat\u00adform has been reco\u00adgni\u00adzed as a leader in both the Gart\u00adner Magic Quadrant for Global Indus\u00adtrial IoT Plat\u00adforms and the Forres\u00adter Wave for Indus\u00adtrial IoT. The posi\u00adtive feed\u00adback and recom\u00admen\u00adda\u00adti\u00adons from Gart\u00adner Peer Insights unders\u00adcore the solu\u00adti\u00adon\u2019s poten\u00adtial to succeed in the rapidly growing market for smart, connec\u00adted products. <\/p>\n Commen\u00adting on the tran\u00adsac\u00adtion, Bernd Gross, co-foun\u00adder and CEO<\/strong>, said: \u201cWe are very exci\u00adted to enter this new phase of inde\u00adpen\u00addence with rene\u00adwed momen\u00adtum and a streng\u00adthe\u00adned struc\u00adture. Our new corpo\u00adrate struc\u00adture will allow us to be more flexi\u00adble and adapt to the chan\u00adging needs of our customers.\u201d<\/p>\n He added: \u201cThe dyna\u00admic IIoT market, where we have alre\u00adady proven our quali\u00adties, will provide the right envi\u00adron\u00adment for Cumu\u00adlo\u00adcity to thrive in its next chap\u00adter. The long-term part\u00adner\u00adship with our inves\u00adtors will enable us to deli\u00adver value to our custo\u00admers and part\u00adners while crea\u00adting an attrac\u00adtive work\u00adplace for our talen\u00adted employees.\u201d<\/p>\n Ben von Schulz, Invest\u00adment Direc\u00adtor at Avedon Capi\u00adtal Part\u00adners<\/strong>, said: \u201cCumu\u00adlo\u00adcity is a funda\u00admen\u00adtal enabler for custo\u00admers tran\u00adsi\u00adtio\u00adning to digi\u00adtal busi\u00adness and service models. Cumu\u00adlo\u00adci\u00adty\u2019s IoT plat\u00adform enables manu\u00adfac\u00adtu\u00adr\u00aders to trans\u00adform their hard\u00adware into plat\u00adforms for inno\u00adva\u00adtive services, unlo\u00adcking new reve\u00adnue streams and deli\u00adve\u00adring grea\u00adter custo\u00admer value. We look forward to support\u00ading the manage\u00adment team in taking Cumu\u00adlo\u00adcity to the next level and reali\u00adzing its full growth potential.\u201d<\/p>\n About Cumu\u00adlo\u00adcity About Avedon Capi\u00adtal Partners About Schro\u00adders Capital About Verso Capital Advi\u00adsor Avedon Capi\u00adtal Part\u00adners: <\/strong>Herbert Smith Freeh\u00adills, <\/strong>D\u00fcssel\u00addorf, Frankfurt:<\/strong><\/p>\n Dr. Chris\u00adtian Johnen, Dr. S\u00f6nke Becker (both lead), Gregor Klenk (all corpo\u00adrate); Dr. Marius Boewe (FDI); Moritz Kunz, Dr. Anja Ling\u00adscheid (coun\u00adsel; both employ\u00adment law); Dr. Stef\u00adfen C. H\u00f6rner (tax law); Dr. Marcel Nuys (anti\u00adtrust law); Stefa\u00adnie Herkert (real estate law); Dr. Fritz Kleweta (Finance); Asso\u00adcia\u00adtes: S\u00f6ren Flecks, Marjel Dema, Chris\u00adtoph Hempel, Tobias Beuker, Fran\u00adciska Meier, Dr. Marius Dicke, Nasta\u00adsja B\u00fchr\u00admann (all Corpo\u00adrate); Dejan Einfeldt (FDI); Dr. Simone Zieg\u00adler, Julia Ickstadt, Matthias Joschko (all Employ\u00adment); Eva J\u00fcrgens, Dirk Metz\u00adler (both Tax); Anne Ecken\u00adroth (Anti\u00adtrust); Florian M\u00f6ller (Finance)<\/p>\n London<\/strong>: John Taylor (Corpo\u00adrate); Michael Aherne, Mark Howard (Of Coun\u00adsel; both Employ\u00adment); Asso\u00adcia\u00adtes: Matthew Gallag\u00adher, Raul Vellani, Shuheb Ahmed (all Corpo\u00adrate); Max Kauf\u00adman, Louis Austin (both CRT); Hannah Gould, Khan Mir (both Employment)<\/p>\n New York<\/strong>: James Robin\u00adson (Corpo\u00adrate); Joseph Falcone (Dispu\u00adtes); Asso\u00adcia\u00adtes: Tyler Hendry, Emily Shapiro, Yash Dattani (all Corpo\u00adrate); Chris\u00adto\u00adpher Boyd (Dispu\u00adtes); David Peraza (Finance)<\/p>\n Paris<\/strong>: Chris\u00adto\u00adpher Theris, Fr\u00e9d\u00e9\u00adric Bouvet, Martin Dijos (Of Coun\u00adsel; all Corpo\u00adrate); Sophie Br\u00e9zin (Employ\u00adment); Asso\u00adcia\u00adtes: Lucas Lemasson (Corpo\u00adrate); Guil\u00adhem Sero\u00adnie-Doutriaux (Employ\u00adment)<\/p>\n","protected":false},"excerpt":{"rendered":" D\u00fcssel\u00addorf \u2014 Cumu\u00adlo\u00adcity manage\u00adment joins forces with a consor\u00adtium of inves\u00adtors led by Avedon Capi\u00adtal Part\u00adners to create the leading inde\u00adpen\u00addent IoT plat\u00adform. Cumu\u00adlo\u00adcity, the German IIoT (Indus\u00adtrial IoT) pioneer, has been acqui\u00adred by its manage\u00adment team with the support of key inves\u00adtors Avedon Capi\u00adtal Part\u00adners, Schro\u00adders Capi\u00adtal and Verso Capi\u00adtal. The part\u00adner\u00adship will provide [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":54265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-54267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\n<\/strong>
\n Foun\u00added in 2012, Cumu\u00adlo\u00adcity is a world-leading Indus\u00adtrial Inter\u00adnet of Things (IoT) plat\u00adform that provi\u00addes out-of-the-box device manage\u00adment and low-code appli\u00adca\u00adti\u00adons for rapid ROI. The cloud-native plat\u00adform enables orga\u00adniza\u00adti\u00adons to take a \u201cbuy and build\u201d approach, shor\u00adtening time to market for new, diffe\u00adren\u00adtia\u00adting digi\u00adtal services. Cumu\u00adlo\u00adcity is the prefer\u00adred choice for indus\u00adtrial equip\u00adment suppli\u00aders and is used by leading compa\u00adnies world\u00adwide to power their smart, connec\u00adted products in manu\u00adfac\u00adtu\u00adring, fleet manage\u00adment, consu\u00admer elec\u00adtro\u00adnics and other areas. Cumu\u00adlo\u00adcity is available as a cloud, on-premi\u00adses, edge and hybrid solution. <\/p>\n
\n<\/strong>
\n Avedon Capi\u00adtal Part\u00adners is a leading private equity firm based in Amster\u00addam and D\u00fcssel\u00addorf. We focus on support\u00ading growth-stage compa\u00adnies in the Bene\u00adlux and DACH regi\u00adons and part\u00adner with excep\u00adtio\u00adnal entre\u00adpre\u00adneurs and manage\u00adment teams to acce\u00adle\u00adrate orga\u00adnic growth, inter\u00adna\u00adtio\u00adnal expan\u00adsion and buy-and-build stra\u00adte\u00adgies. Our invest\u00adments focus on four key sectors: Busi\u00adness Services, Soft\u00adware & Tech\u00adno\u00adlogy, Smart Indus\u00adtries and Consu\u00admer & Health<\/strong>. https:\/\/avedoncapital.com. <\/p>\n
\n<\/strong>
\n Schro\u00adders Capi\u00adtal offers inves\u00adtors access to a broad range of private market invest\u00adment oppor\u00adtu\u00adni\u00adties, port\u00adfo\u00adlio buil\u00adding blocks and custo\u00admi\u00adzed private market stra\u00adte\u00adgies. The Schro\u00adders Capi\u00adtal team is focu\u00adsed on deli\u00adve\u00adring supe\u00adrior risk-adjus\u00adted returns and execu\u00adting invest\u00adments through a combi\u00adna\u00adtion of direct invest\u00adments and broa\u00adder solu\u00adti\u00adons across all private markets asset clas\u00adses, through comingled funds and bespoke private markets manda\u00adtes. With $97.3 billion (\u00a377.0 billion; \u20ac90.8 billion)* of assets under manage\u00adment, Schro\u00adders Capi\u00adtal offers a diverse range of invest\u00adment stra\u00adte\u00adgies inclu\u00adding real estate, private equity, secon\u00adda\u00adries, venture capi\u00adtal, infra\u00adstruc\u00adture, secu\u00adri\u00adti\u00adzed products and asset-based finance, private debt, insu\u00adrance-linked secu\u00adri\u00adties and Blue\u00adOr\u00adchard (impact specialists). <\/p>\n
\n<\/strong>
\n Verso Capi\u00adtal is a Nordic private equity firm that invests in Euro\u00adpean B2B compa\u00adnies with a turno\u00adver between 10 and 100 million euros. We look for compa\u00adnies that are aiming for a leading posi\u00adtion in their target market. We specia\u00adlize in carve-outs and buy-outs. Our team has expe\u00adri\u00adence from over 100 carve-out and M&A tran\u00adsac\u00adtions \u2014 we have the neces\u00adsary know-how and metho\u00addo\u00adlogy to execute even compli\u00adca\u00adted tran\u00adsac\u00adtions quickly and effi\u00adci\u00adently. We invest mainly in Nort\u00adhern Europe and have offices in Helsinki, Stock\u00adholm and Munich. <\/p>\n