ROACH & STOLZ as technology due diligence advisers in TARGET PARTNERS most recent Venture Capital Investment, HETRAS GmbH

Roach & Stolz, the IT and Software Technology Due Diligence specialists in Munich, advises the Munich-based venture capital firm Target Partners in its early round investment in Hetras GmbH, an Austrian-based developer of hotel management software. Hetras will use the funds to complete development and launch of the first internet-based management and reservation system for international hotel chains.

Regarding Roach & Stolz’s role, Olaf Jacobi, Partner at Target Partners, stated: “Roach & Stolz’s ability to engage Hetras, obtaining a clear but detailed picture of the company’s technological and commercial value proposition impressed us and helped to accelerate the investment process along nicely”.

About Roach & Stolz:

Roach & Stolz Software GmbH based in Munich, is a provider of IT Due Diligence services for mergers and acquisitions, joint ventures and private equity investments.

With well over 20 years of experience in software productization, IT infrastructure and telecommunications, Roach & Stolz has advised on numerous mergers and acquisitions. In doing so, the firm, which is greatly valued by its clients for its focus and professional approach, has developed its own best practice methodologies for conducting the IT Due Diligence process.

These days IT Due Diligence services are not only used for transactions involving technology based companies, but also for those involving traditional "bricks-and-mortar" industries which have become increasingly dependent on IT to conduct their business.

For references, brochures and company presentations please go to: http://www.roach-stolz.com

About Target Partners:

Target Partners, with more than 207 Million Euros under management, is one of the leading early-stage venture capital funds in Germany. The firm invests in start-up and early stage companies and supports them during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States. For more details: www.targetpartners.de

About Hetras GmbH:

Hetras is the first company to build a fully internet-based management application for hotels and hotel chains of all sizes. The Hetras hotel management software combines traditional property management systems (PMS), central reservation systems (CRS), customer relationship management (CRM), channel management and internet booking engines into a unified application. The Hetras product is offered on a SaaS basis, meaning the customers pay a flat fee per month per room. The 100% service oriented architecture (SOA) not only enables unprecedented scalability and security but allows third parties to extend the Hetras application with additional functionality and custom front-ends. To find out more about Hetras or join the Hetras mailing list, www.hetras.com.

Roach & Stolz Software GmbH,
Obermaierstrasse 2, Altstadt-Lehel,
80538 Munich
Germany

Tel: +49.89.2020.888.0
Fax: +49.89.6600.291.7
Email: info@roach-stolz.com

This release was published on openPR.