EMZ Partners co-invests into HR software company Ingentis
HR software provider Ingentis was acquired by lead investor Maguar Capital and EMZ Partners. The founder management stays on board.
European Private Equity Company EMZ Partners invests alongside Maguar Capital into Ingentis Softwareentwicklung GmbH (“Ingentis”), headquartered in Nuremberg. The founders remain committed as shareholders and management team of the company.
Ingentis, founded in 1997 by Thomas Eichinger, Michael Grimm, Jürgen Kreppner, and Wolfgang Schuller provides HR Tech and Workflow Management software solutions to over 2,000 customers across more than 100 countries worldwide, from its headquarters in Nuremberg, Germany and its US subsidiary Ingentis Inc. located in Petaluma, CA. The company’s flagship product “org.manager” is the leading org charting solution in the DACH region, supporting a highly loyal customer base in visualizing, analyzing, and structuring their organizations. In addition, Ingentis’ “orginio” product provides a simple-to-use org charting solution to SMEs, while its “Kanzlei Suite” is designed to digitalize and manage organizational and administrative workflows within auditing firms and tax consultant offices.
„We are delighted to partner with Maguar Capital and the Ingentis founding team and look forward to working together on the realization of managements’ growth ambitions. Ingentis has an excellent product range with a clear added value for its customers enjoying a very high level of customer satisfaction. We are convinced that this will form the foundation for Ingentis’ future growth in the coming years.”, says Klaus Maurer, Partner in the Munich office of EMZ.
Gunther Thies and Matthias Ick, Founding Partners of Maguar, commented: “We are very excited to partner with Ingentis and its founding team. The company has positioned itself as a leader in a highly attractive space, based on high quality software solutions and strong customer relationships. We are very confident to further build on that foundation to bring Ingentis to the next level.”
EMZ was advised by Latham & Watkins (Corporate and Structure).
Ingentis was advised by Drake Star Partners, P+P Pöllath + Partners and Deloitte on this transaction.
ABOUT EMZ PARTNERS
EMZ is a leading European investment firm that acts as a partner for medium-sized companies. Its activities focus on investments alongside founders, family shareholders and managers. EMZ is majority-owned by its own employees and has a base of European institutional investors. The current fund has a volume of more than 1.0 billion euros with investment tickets ranging from 10 to 150 million euros.
ABOUT MAGUAR CAPITAL
Maguar Capital Partners, based in Munich, Germany, was founded by experienced technology growth investor Arno Poschik, Gunther Thies, Founder and former CEO of leading legal tech company STP, and media and technology investor and entrepreneur Matthias Ick. Maguar focuses on mid-cap B2B software investments in the DACH region. The Maguar team has a strong entrepreneurial background and long-term management experience in the tech industry, with more than 35 years of CEO software experience and more than 10 years of private equity experience.