Die Tengelmann Ventures GmbH, Mühlheim a.d.R., hat sich im Wege einer Barkapitalerhöhung mit 25,1% an der eKomi Limited, Berlin, beteiligt. Network Corporate Finance hat die Unternehmensgründer und das Management der eKomi Limited im Rahmen der Transaktion exklusiv beraten. Tengelmann Ventures GmbH, Muehlheim a.d.R, has acquired a 25.1% equity stake in eKomi Limited, Berlin, by way of a capital increase. Network Corporate Finance has exclusively advised the co-founders and management of eKomi Limited on this transaction.

IT / Software / Internet Wachstumsfinanzierung / Growth financing Februar 2012 / February 2012

Transaktion Im Rahmen ihrer Beteiligungsstrategie baut die Unternehmensgruppe Tengelmann, Mühlheim a.d.R., ihr Engagement im E-Commerce Bereich weiter aus. Die Unternehmensgruppe beteiligt sich über die Tochtergesellschaft Tengelmann Ventures GmbH im Wege einer Kapitalerhöhung mit 25,1% an der eKomi Ltd., Berlin. Die Eigenkapitalmittel aus der Wachstumsfinanzierung sollen vornehmlich in den weiteren Aufbau einer leistungsstarken Vertriebsorganisation, den deutlichen Ausbau der Kundenbasis im Bestandsgeschäft sowie die Erschließung neuer Wachstumsmärkte im In- und Ausland investiert werden.   Transaction In line with the overall investment strategy Tengelmann Group, Muehlheim a.d.R., further expands its e-commerce activities. Tengelmann Ventures GmbH acquires a 25.1% equity stake in eKomi Ltd., Berlin, by way of a capital increase. The equity funds shall mainly be used to support overall growth, in particular to strengthen the existing sales organisation, to expand the customer base in existing verticals and to enter new growth industries in Germany and abroad. Das Unternehmen Die in Berlin ansässige eKomi Ltd. entwickelt und betreibt intelligente, unabhängige Feedbacksysteme. Durch die eingesetzte Social Commerce SaaS-Technologie generiert eKomi Kundenmeinungen, Produktbewertungen, Kommentare, Empfehlungen und virale Effekte auf Webseiten, in sozialen Medien und Suchmaschinen, um Kundenvertrauen und Umsätze zu steigern. eKomi - "The Feedback Company" - wurde Anfang 2008 gegründet und ist innerhalb kürzester Zeit zu einem der bedeutenden internationalen Anbieter von Social Commerce Technologien geworden. Mit einem Trackrecord von über 10 Millionen professionell durchgeführten Kundenbefragungen zählt eKomi heute zu den Marktführern in Europa. Derzeit beschäftigt eKomi rd. 100 festangestellte Mitarbeiter.   The Company Berlin-based eKomi Ltd. develops and runs intelligent customer feedback systems. eKomi’s high-end social commerce SaaS technology generates valuable customer feedback, product reviews, comments, recommendations and viral effects on websites, search engines and social media channels with the overall objective to increase sales, trust and customer loyalty. eKomi – “The feedback company” – was founded in early 2008 and within a very short period of time has developed to one of the most important international providers of trusted independent customer review systems. Based on the company’s track record of more than 10 million professionally executed customer surveys, eKomi is today one of the market leaders in Europe. At present, eKomi has approx. 100 full-time employees. Weitere Informationen zu eKomi: www.ekomi.de   For additional information on eKomi: www.ekomi.de

Die QSC AG, Köln, hat den Aktionären der börsennotierten INFO Gesellschaft für Informationssysteme AG, Hamburg, ein freiwilliges öffentliches Übernahmeangebot unterbreitet. Network Corporate Finance hat die INFO AG im Rahmen der Transaktion beraten und für den Vorstand und Aufsichtsrat eine Fairness Opinion erstellt.   QSC AG, Cologne, submitted a voluntary public takeover offer to all shareholders of the listed INFO Gesellschaft für Informationssysteme AG, Hamburg. Network Corporate Finance advised INFO AG in connection with the transaction and provided the management board and supervisory board with a fairness opinion.
IT / Software / Internet Fairness Opinion / M&A Juni 2011 / June 2011
Die Transaktion Die QSC AG, Köln, hat am 2. Mai 2011 ihre Entscheidung veröffentlicht, allen Aktionären der INFO Gesellschaft für Informationssysteme AG ("INFO"), Hamburg, ein freiwilliges öffentliches Übernahmeangebot gemäß Wertpapierübernahmegesetz ("WpÜG") zum Erwerb ihrer Aktien zu unterbreiten. Am 9. Juni 2011 hat die QSC AG den Aktionären der INFO einen Kaufpreis von EUR 14,35 je INFO Aktie angeboten, was einem Unternehmenswert von EUR 82 Mio. (inkl. Nettofinanzverbindlichkeiten) entspricht. Network Corporate Finance hat INFO im Rahmen der Transaktion beraten und für den Vorstand und Aufsichtsrat eine Stellungnahme hinsichtlich der finanziellen Angemessenheit des Angebots ("Fairness Opinion") erstellt.		Transaction On May 2, 2011 QSC AG, Cologne, published its decision to submit a voluntary public takeover offer to all shareholders of INFO Gesellschaft für Informationssysteme AG ("INFO"), Hamburg, in accordance with the German Securities Acquisition and Takeover Act ("WpÜG"), to acquire all outstanding shares. On June 9, 2011, QSC AG offered the shareholders an acquisition price of EUR 14.35 per share, equalling an enterprise value (incl. net debt) of EUR 82 million. Network Corporate Finance advised INFO in connection with the transaction and provided the management board and supervisory board with an assessment regarding the financial appropriateness of the offer ("fairness opinion").
Das Unternehmen Die INFO AG ist unabhängiger Dienstleister für IT Outsourcing und IT Consulting in Deutschland. Das Portfolio umfasst Planung, Implementierung und Betrieb anspruchsvoller IT-Lösungen für mittelständische Unternehmen, sowohl national als auch international. INFO AG verfügt über drei eigene Rechenzentren in Hamburg und Oberhausen. Die INFO AG ist darüber hinaus SAP-Systemhaus und Microsoft Gold Certified Partner. Im Geschäftsjahr 2010 setzte das Unternehmen mit ca. 600 Beschäftigten rund EUR 85 Mio. um.		The company INFO AG is an independent provider of services for IT Outsourcing and IT Consulting in Germany. Its portfolio includes the planning, implementation and operation of challenging IT solutions for small and midsize companies, both nationally as well as internationally. INFO AG has three data centers of its own in Hamburg and Oberhausen. Furthermore, INFO AG is an SAP Systems House and a Microsoft Gold Certified Partner. In fiscal year 2010 the company recorded revenues of EUR 85 million with approx. 600 employees.

Network Corporate Finance has advised ProLeit AG, Herzogenaurach, on the refinancing and funding through individualised mezzanine capital.

 Transaction

As part of the long-term refinancing strategy ProLeit AG has raised individualised mezzanine funds structured as equity participation rights. The mezzanine provider is an independent domestic mezzanine fund. By strengthening the financing base the company secured its international expansion and realised an improved credit rating.


Target company

ProLeit AG is an independent provider of process control and automation software and related services primarily for the food and beverage industry.


Key facts

Transaction value: not disclosed
Sector: Software and IT-Services
Sales: approx. EUR 23 million (2009)
Employees: 220
Date: December 2009


Client

ProLeit AG, Herzogenaurach


The role of Network Corporate Finance

Network Corporate Finance has advised the client on the preparation and implementation of the financial restructuring strategy. After compiling a management presentation and based on the financing concept we invited selected national and international partners. Network Corporate Finance coordinated the due diligence with a limited number of interested parties and negotiated the key terms of the financing.

Network Corporate Finance has acted as exclusive transaction adviser for the takeover of a minority stake in SIV.AG, held the S.E.T. fund of Duke Forest Capital, through a management buyout of S.I.V. Management AG.

Transaction

Dutch investment firm Duke Forest Capital, located in ‘s-Hertogenbosch, disposed of its minority interest in S.I.V. – Service für Informationsverarbeitung Aktiengesellschaft (“SIV.AG”) with headquarter in Roggentin near Rostock, which it held through its fund Strategic European Technologies. The minority stake was sold to S.I.V. Management AG, whose shares are owned by other senior management and board members.


The Company

SIV.AG, headquartered in Roggentin near Rostock, is a leading provider of holistic software solutions and complementary IT services for over 15 years, with exclusive focus on the international energy and water market. SIV.AG’s fully integrated, internet-enabled and multilingual IT solution “kVASy®” is currently one of the most innovative software standards and makes SIV.AG a national pioneer for the implementation of statutory provisions and regulation requirements of the Federal Network Agency (“2-Mandaten-Modell”).


Key Facts

Transaction value: n.a.
Sector: Enterprise Software and IT Services
Sales: approx. EUR 23 Mio. (2009FC)
Employees: 240
Date: November 2009


Clients

Original shareholders, Duke Forest Capital and S.I.V. Management AG


Role of Network Corporate Finance

Network Corporate Finance has advised the client and the company on the preparation and implementation of the transaction. After creating an integrated budgeting, Network Corporate Finance coordinated dialogues with financing partners for the acquirer, moderated contract discussions between the parties and negotiated economic key terms of purchase and sale agreement, as well as ensured concluding adherence to the closing requirements.

Network Corporate Finance advised the founder family Paetsch on the sale of their 100% holding in Business Partners Gesellschaft für Dokumenten- & Workflow-Management mbH in Berlin, Germany, to Infoniqa Group, headquartered in Vienna, Austria, which specialises in IT software and service solutions. 

 Transaction

To continue the implementation of the growth strategy already successfully initiated, Olaf and Christian Paetsch have sold 100% of their holding in Business Partners Gesellschaft für Dokumenten- & Workflow-Management mbH in Berlin in the context of a strategic partnership. The holding was sold to Infoniqa Holding GmbH, headquartered in Vienna, Austria, which acts as management and investment / holding company for a group of companies specialising in IT software service solutions and which currently holds interests in 12 entities in the German-speaking region.


Target company

Business Partners Gesellschaft für Dokumenten- & Workflow-Management mbH was formed in 1995 and today specialises in the implementation of complex IT projects in large and medium-sized companies, focusing on consulting, project management, strategy consulting, implementation of, and coaching in, the areas of document and content management, document imaging and archiving, workflow and records management, particularly in SAP as well as non-SAP environments.


Key facts

Transaction value: not disclosed
Sector: IT service provision
Sales: not disclosed
Employees: 17
Date: September 2008


Client

The managing partners, Olaf and Christian Paetsch.


The role of Network Corporate Finance

Network Corporate Finance advised the clients and the company on the structure and execution of the sales process. Following the preparation of the transaction documents, Network Corporate Finance approached selected strategic investors within the framework of a supervised auction, coordinated the due diligence conducted by a limited number of interested parties, negotiated the economic aspects of the sale and purchase agreement and secured compliance with the closing conditions.

 Network Corporate Finance advised the listed company arxes NCC AG on the voluntary, public takeover bid made by NDO Services B.V. to the shareholders of arxes NCC AG.

 

 

 Transaction

NDO Services B.V., Bussum/Netherlands, has purchased 73.9% of the outstanding shares from the shareholders of arxes NCC AG, Cologne in the course of a voluntary, public takeover bid. NDO Services B.V. is a fund acquisition business managed by Waterland Private Equity Investments B.V. Waterland Private Equity Investments is an international, independent private equity investment company with its headquarters in the Netherlands.

Target company

arxes NCC AG provides IT services from consultation and planning to implementation through to operation of client / server and network systems, as well as computer centres. In previous years, arxes NCC AG has developed primarily as an IT service provider for complex infrastructure projects and IT outsourcing - focusing on medium-sized companies. With 8 sites and 8 service centres in Germany, and with a total of 513 employees, arxes NCC AG and its subsidiaries achieved sales of EUR 47 million in the financial year 2003/04.

Key facts

Transaction value: EUR 23 million
Sector: IT services
Sales: EUR 47 million
Employees: 513
Date: December 2005

Client

arxes NCC AG, Köln

The role of Network Corporate Finance

Network Corporate Finance advised the clients in discussions with the investor on the structuring and implementation of the transaction.