Code & Co.

  • BREGAL UNTERNEHMERKAPITAL logo
  • Theobald Software logo

Engagement — Platform Due Diligence

Code & Co. provides Tech & Product Due Diligence to Bregal Unternehmerkapital ahead of its acquisition of Theobald Software, a leading software provider for data extraction from SAP systems

With its software data extraction from SAP systems and capable of successfully dealing with complicated data extraction needs, Theobald Software serves thousands of enterprise customers in various industries globally, offering data integration into the cloud, BI and analytics systems, and databases.

Scope of work

Code & Co. provided Tech & Product Due Diligence to Bregal Unternehmerkapital ahead of the acquisition compiling an in-depth analysis of Theobald Software’s architecture and infrastructure, the company’s cloud strategy and technology stack, scalability, security, and team capabilities. Further, Code & Co. assessed the company's product-strategic growth opportunities. This transaction exemplifies Code & Co.’s sector expertise in deep-tech investments.

About Bregal Unternehmerkapital

Bregal Unternehmerkapital (“BU”) is part of a family-owned business that has grown over several generations. The BU funds invest in European mid-sized companies across a wide range of sectors with a focus on market leaders and “hidden champions” with strong management teams and outbreak potential. With patient capital, entrepreneurial expertise, and a partnership approach, our team works closely with entrepreneurs to develop, internationalize and digitalize portfolio companies, and to help them generate sustainable value on a responsible basis.

As part of its comprehensive commitment to ESG, BU also supports existing portfolio companies with loans at attractive terms to finance sustainability investments provided by Bregal’s dedicated EUR 40 million Sustainable Development Fund and, in 2020, with grants for charitable projects to contribute to portfolio companies’ pandemic responses provided by Bregal’s EUR 3 million COVID-19 relief fund. Furthermore, in 2021, BU committed to ambitious science-based climate targets for 2030 as part of its commitment to decarbonize its portfolio and achieve net-zero.

For more information, please visit www.bregal.de and find Bregal Unternehmerkapital on LinkedIn.

About Theobald Software

As a market leader in SAP data integration, Theobald Software offers SAP data extraction and process integration to more than SAP customers in various industries, ranging from e.g. OEMs to financial services.