Engagement — Add-on Due Diligence
Code & Co. advises BuildTec Software Group, established by funds advised by Bregal Unternehmerkapital ("BU"), on Tech & Product Due Diligence ahead of its partnership with SORBA EDV AG, a leading provider of construction software in Switzerland.
The BuildTec Software Group, a European platform comprising of partner companies for innovative software solutions in the construction and trade sector, has partnered with SORBA EDV AG (“SORBA”), a leading provider of construction software in Switzerland for more than 35 years. With BuildTec Software Group, SORBA has found a strong, international partner that will open up new growth opportunities in Switzerland and the DACH region (Germany, Austria, and Switzerland).
Scope Of Work
Code & Co. offers Tech & Product Due Diligence to BuildTec Software Group ahead of its partnership with SORBA.
This included an assessment of SORBA’s architecture, infrastructure and technology stack. Additionally, Code & Co. analyzed the product roadmap, rollout and integration capabilities, and support procedures. Finally, SORBA’s engineering team and software development lifecycle were assessed.
About 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 technology and trades 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, staircase 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.
About SORBA EDV AG
SORBA has been the leading solution for digital construction processes in Switzerland for over three decades, known for reliability and innovation. The software is used by more than 2,500 companies in both the primary and secondary construction sectors as a proven all-in-one solution. With a dedicated team and a customer-focused approach, SORBA has earned an excellent reputation in the industry. From the groundbreaking to the finalization, construction companies rely on SORBA to optimize their processes in the office and on-site, increase efficiency, and drive digital transformation. More info: https://www.sorba.ch/
About Bregal Unternehmerkapital
Bregal Unternehmerkapital ("BU") is a leading investment firm with offices in Zug, Munich, and Milan. With €7.0bn in capital raised to date, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU invest in mid-sized companies based in Germany, Switzerland, Italy, and Austria. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and “hidden champions” with strong management teams and breakout potential. Since its founding in 2015, the funds advised by BU have invested over €3.5 billion in more than 100 companies with more than 28,000 employees. Thereby, more than 8,200 jobs have been created. BU supports entrepreneurs and families as a strategic partner to develop, internationalize, and digitize their businesses, while helping them generate sustainable value on a responsible basis with the next generation in mind. For more information, please visit https://www.bregal.ch/ or find them on LinkedIn.