Transaction Details

August 18, 2015
Zurich

Sector

Technology

Deal Type

M&A

Deal Value

N/D

Deal Team

Christian Wipf, Thierry de Sépibus, Alexander Grünwald, Daniel Fritz, Nicola Sprenger

GCA Altium advised SoftwareONE on its partnership with KKR

GCA Altium has advised SoftwareONE, one of the leading global providers of software portfolio management solutions, on its partnership with KKR, a leading global investment firm. This transaction underscores GCA Altium’s outstanding M&A expertise in the IT sector and our leading role in independent M&A advisory in Switzerland and Europe.

KKR will provide growth capital and acquire a 25% minority stake position in SoftwareONE. SoftwareONE’s four founding partners and existing shareholders together with the management team will retain a 75% stake in the company and will continue to manage and grow the business with its unique culture on an independent and long‐term sustainable basis.

SoftwareONE offers software licensing and procurement services, software asset management, technology consulting and cloud services to more than 25,000 customers in 115 countries around the world. The company is a leading channel partner for Microsoft, IBM, Oracle, VMWare, SAP and a further 9,000 software publishers and provides digitized platforms for procurement and self‐consumption services. The company is headquartered in Switzerland and employs over 2,500 software professionals.

KKR has a strong track record of successful collaborations with leading founder‐owned companies in Switzerland, Europe and globally, both as a minority and majority shareholder. KKR builds on its international network and expertise to support its partners in both strategic and operational matters. The investment in SoftwareONE will be made primarily by the KKR European Fund IV.

“As a founder‐owned company, we take great care in choosing our partners and we are delighted to partner with KKR, which shares our entrepreneurial philosophy and cultural values,” said Daniel von Stockar, the Chairman of the Board of Directors of SoftwareONE.

Patrick Winter, the CEO, added: “We, at SoftwareONE, continue to work hard at serving our customers and supporting our software publisher partners all around the world. The software industry is changing, and together with KKR, we see a unique opportunity to capitalize on those changes and continue to increase the value we bring to our customers, in particular in the areas of cloud and value‐added services.”

Financial terms of the transaction were not disclosed. The transaction is subject to customary approvals and is expected to close in autumn 2015.

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