Engagement — Add-on Due Diligence
Code & Co. advises PDV, a group company within GSG GENII Software Group which itself is a portfolio company of funds advised by Bregal Unternehmerkapital (“BU”), on Tech & Product Due Diligence ahead of its investment in adKOMM, a leading IT service provider and provider of municipal software.
The e-file provider PDV has acquired all shares in the software company adKOMM. The association is intended to further strengthen the market position of the PDV.group: active in the same industries, the service portfolios and regional market presences of the companies within the group complement each other
Scope of Work
Code & Co. evaluated adKOMM’s product offering, including an analysis of the software’s architecture, technology stack, and deployment capabilities. Additionally, Code & Co. reviewed adKOMM's cybersecurity procedures, product operations, and engineering practices.
About adKOMM
The adKOMM group of companies has been a leading IT service provider and provider of municipal software for 30 years. As the only manufacturer of a complete municipal solution, they offer software, service and advice to institutions at the municipal level. The adKOMM software is considered the most comprehensive municipal user software on the market and covers all the requirements of a demanding, modern administration.
About GSG GENII Software Group
GSG GENII Software Group provides market-leading, industry-specific software solutions and services, which are explicitly developed to meet the needs of mid-sized businesses and public services. The company prides itself on being the partner of choice for software entrepreneurs and companies. As a trusted partner and expert advisor, GENII guides its customers through digitalization, ensuring they are future-proofed for success in an ever-changing business environment. GENII is based in Munich and consists of five vertical market business units: manufacturing, retail, distribution, public services, and laboratories.
About PDV
PDV is a premium partner for the digitization of public administration in Germany. With a customer base that includes several thousand public administrations, PDV’s solutions enable end-to-end digitization of administrative processes across departmental and administrative levels. The company has become one of the most powerful full-service providers in the e-government market in Germany
About the PDV.group
The PDV.group companies are experienced software manufacturers and IT service providers. They specialize in products and services that improve and automate internal administrative processes. Their focus is e-government. They help to sustainably implement digital file management and processing in accordance with the requirements of e-government laws in the shortest possible time and with calculable effort.
PDV.group aims to offer customers the best e-file. Ease of use, performance and interoperability are essential criteria. PDV.group firmly believes that as a group they can offer the optimal range of products for all customers with their individual needs through our various company portfolios. This portfolio, which is unique in the market, is complemented by excellent consulting services with more than 30 years of experience in implementing digitalization projects. From ministries to local administration: PDV.group specializes in the needs of the federal, state and local governments.
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 3.0 billion euros in more than 100 companies and supported over 20,000 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.