Mummert & Company exclusively advises on the sale of proALPHA Group to Bregal Capital

12 August 2013 - Mummert & Company, an independent corporate finance advisor based in Munich, exclusively advised the shareholders of proALPHA Software AG on the sale to Bregal Capital LLP. The transaction is subject to approval by antitrust authorities.

Private equity firm Bregal Capital, has acquired the majority of shares in proALPHA Group, a leading provider of ERP-Software solutions and additional services for medium-sized businesses. Bregal buys the shares of the two founders Leo and Werner Ernst, as well as the shares of the investor Beaufort Capital. The third founder, Martin Wolf, together with other members of the management board, will remain investors of proALPHA.

The management of proALPHA, together with the new investor, intend to develop the company in the long-term and extend the existing product and service portfolio.

With Bregal, proALPHA will have a strong financing partner which has supported many companies on their growth path. As a family-owned private equity firm, Bregal emphasizes on long-term, future-oriented investments as well as a conservative and sustainable financing structures. Leo Ernst also sees these opportunities: “proALPHA has performed extremely well in the last years. Together with an experienced and renowned Investor such as Bregal, we will be able to continue this growth path very successfully in the future.”

The Ernst brothers will accompany the changes together with the management board and the new shareholders to enable a continuous and frictionless transition until they will retire from daily operations in 2014. Jürgen Brand as board member of the proALPHA Software AG as well as Markus Klahn and Matthias Klaesener as board members of the proALPHA Consulting AG and Martin Wolf, as Chief Development Officer will stay in the company for the long-term and will be involved in the new shareholder structure.

Harald Maehrle, Managing Partner of Mummert & Company is excited „that we have found the right business partner for proALPHA with Bregal Capital and will thus be able to ensure future growth for the company.”

SHORT PROFILE MUMMERT & COMPANY CORPORATE FINANCE GMBH

Mummert & Company is a leading corporate finance advisor, with particular expertise in the sectors TMT, Industrial Technologies, Life Sciences, Energy and Services. With offices in Munich, Vienna, London and Princeton (USA), Mummert & Company provides advisory services for the purchase or sale of companies or shareholdings (mergers & acquisitions), for the raising of equity capital (venture capital, private equity or the capital markets) and debt capital, for restructurings, for valuations (fairness opinions) as well as for the privatization of government-owned enterprises.

Detailed information about Mummert & Company is available at
www.mummertcompany.com

SHORT PROFILE PROALPHA SOFTWARE AG

proALPHA Software AG is an internationally active Business-Service-Provider. With a broad solution spectrum, proALPHA provides not only the leading Business-Software proALPHA but also extensive Business-Services like Consulting-, Education- and Service solutions. The combination of qualified advisory services with the ERP-software enables the highest possible customer benefit securing the competitiveness of proALPHA customers.

proALPHA is a multilayered, modular integrated ERP solution tailored specifically to the challenges of medium-sized businesses within the manufacturing-, wholesale- and service-sector. The two large and modular build areas logistics, finance and accounting of the ERP solution were considered with an equal weight at the standard development. This enabled an integrated system. proALPHA consequently developed its proprietary products – even in adjacent areas like APS, SCM, CRM, DMS, PPS-CAD-Online-Interconnection and E-Business-Components. An independent Hardware- and Operation System as well as the consequent orientation on global standards guarantee flexibility and investment protection for clients. There are currently more than 1,700 clients using proALPHA.

Detailed information is available at:
www.proalpha.de

SHORT PROFILE BREGAL CAPITAL

Bregal Capital is a private equity firm owned by the Brenninkmeijer family with more than 3 billion € in assets under management and invested in more than 20 companies since foundation. Bregal Capital is currently investing in its third fund having a volume of 1 billion €. Majority shareholdings and growth capital for medium-sized companies like LR Health & Beauty Systems or Novem are the focus of this fund.

Silke Roth
Mummert & Company Corporate Finance GmbH
Prinzregentenstrasse 48
80538 Munich
Tel. +49 (89) 23 23 77 70
roth@mummertcompany.com

This release was published on openPR.