IEG supports Infoniqa’s buy-and-build strategy with the acquisition of HS – Hamburger Software
Infoniqa strengthens its position in business and personnel management software in Germany through the acquisition of HS – Hamburger Software.
IEG –Investment Banking Group served as the financial advisor to Infoniqa Group, a leading provider of HR, accounting and automation software solutions in the DACH region, in the acquisition of HS – Hamburger Software GmbH & Co. KG, along-standing provider of ERP and business software for SMEs.
Founded in 1979 and headquartered in Hamburg, Germany, HS is one of the most established developers of modular business software in the German mid-market. The company specialises in providing integrated solutions for financial accounting, payrolland HR, order processing, inventory management and document management. With a strong focus on stability, ease of use and process reliability, HS supports over 5,000 customer companies across more than 300 industries.
With this strategic acquisition, HS and Infoniqa are combining their strengths to further accelerate growth in the SME software segment. With over four decades ofexperience, HS expands the Group’s product portfolio with highly complementary ERP and business software functions that enhance Infoniqa’s offering in HR, payroll, finance and outsourcing services across the DACH region.
Mirko Heide, Managing Director of IEG - Investment Banking Group:
“This transaction represents another strong example of our strategic buy-side advisory approach supporting private equity investors and their portfolio companies in executing impactfu buy-and-build strategies. HS is a highly complementary addition to Infoniqa’s platform and strengthens the Group’s footprint in the German SME software landscape.”
IEG – Investment Banking Group acted as financial advisor to Infoniqa, providing strategic access, process management and full transaction support.
The Partners
IEG - Investment Banking Group is a leading global technology investment bank focused on M&A, financing, and asset management. With a local presence in key international growth regions and emerging markets, IEG serves as a unique,influential, and entrepreneurial partner for growth companies and large international corporations. Founded in 1999, IEG has successfully completed over 200 transactions with approximately 50 technology investment bankers worldwide. For more information, visit ieg-banking.com.
InfoniqaGroup, a portfolio company of Warburg Pincus, a leading global growth investor,is a top provider of HR and accounting software and automation solutions in the DACH region. Infoniqa specializes in corporate solutions that simplify and automate HR and accounting workflows. As one of the few full-service providers in the DACH region, its product portfolio includes modular HR solutions for payroll, time management, and HCM as well as accounting solutions. Infoniqa operates from 11 locations across Europe and proudly serves 40,000 satisfied customers.
HS -Hamburger Software is one of Germany’s leading providers of business software for SMEs. Founded in 1979 and headquartered in Hamburg, HS offers modular solutions for financial accounting, payroll and HR, order processing, inventory management and document management. The company supports more than 5,000customer companies across over 300 industries and maintains a strong partner network in Germany and Austria.
