Engagement — Add-on Due Diligence
Code & Co. advises BuildTec Software Group, established by funds advised by Bregal Unternehmerkapital (“BU”), on Tech and Product Due Diligence ahead of its investment in Husemann & Fritz.
The BuildTec Software Group ("BuildTec"), a European platform comprising partner companies for innovative software solutions in the construction and trade sector, continues to grow by entering into a partnership with the software specialist, Husemann & Fritz. As a specialist in construction software, Husemann & Fritz complements the BuildTec group of companies with its clear focus on the main construction industry. The partnership aims to further strengthen the company and to offer customers improved, customized software solutions.
Scope Of Work
Code & Co. performed a comprehensive audit of Husemann & Fritz’s construction software suite, covering its product architecture, infrastructure, and technology stack. Additionally, Code & Co. evaluated the product roadmap, rollout procedures, R&D organization, and operational processes.
About Husemann & Fritz
The company Husemann & Fritz EDV-Organisations- und Beratungs GmbH was founded in 1991. The development of the modular Pro-Bau/S® programme system laid the foundation for the company's successful development. By consistently specializing in the construction industry, concentrating on one product and through qualified employees and services, Husemann & Fritz quickly became a renowned provider of construction software. With over 850 customers and more than 16,000 users Husemann & Fritz is today one of the leading, manufacturer-independent construction software companies in Germany.
About the BuildTec Software Group
BuildTec Software Group, with its portfolio of several leading construction technology software brands, is on its way to becoming the leading European platform for software solutions in the construction and trade sector, supporting more than 20,000 customers. BuildTec is committed to supporting the construction industry with reliable solutions that help its customers meet the challenges of a converging industry. With solutions in the areas of construction ERP, timber construction, stairs construction and sheet metal processing, BuildTec covers several key areas along the value chain of the construction industry. Renowned brands such as SEMA, Compass, Powerbird, Sitara, ISBCAD and WGsystem are the preferred tools used by thousands of companies every day. To continuously expand its market position and always offer customers innovative solutions, the BuildTec Software Group invests, together with its partner companies, an average of 15% of its turnover in the further development of software solutions at its sites in Germany, Austria, Switzerland, Italy, France and Denmark every year.
About Bregal Unternehmerkapital
Bregal Unternehmerkapital (BU) is a leading private equity firm with offices in Zug, Munich and Milan. As part of a family business that has grown over generations, the funds advised by BU invest in medium-sized companies headquartered in Germany, Austria, Switzerland, and Italy, covering a wide range of industries. In its efforts to be the partner of choice for entrepreneurs and family businesses, BU focuses on partnerships with market leaders and "hidden champions" with a strong management team and great growth potential. Since its foundation in 2015, the funds advised by BU have invested over 3.5 billion euros in more than 100 companies and supported over 28,000 employees. In close partnership with entrepreneurs and families, their companies are further developed, internationalized, and digitalized - so that sustainable value is created on a responsible basis for the next generation. For more information, please visit www.bregal.ch or find them on LinkedIn.