Proventis Partners advises DC-Software on sale to FRILO Software
Munich — The shareholders of DC-Software Doster & Christmann GmbH have sold 100% of their shares in the company to FRILO Software GmbH, Stuttgart, part of the Nemetschek Group, Munich. The Munich-based company has been developing special software solutions for foundation engineering since 1989. With the acquisition, FRILO strategically expands its product portfolio in the foundation engineering & foundations segment and thus strengthens its position as a leading provider of structural analysis programs.
With more than 30 programs, the DC software covers a comprehensive range of digital basic construction solutions. The offer of the software company is divided into two parts of the basic structure. Users employ the programs of the DC Soil Mechanics segment for subsoil investigations, soil and contaminated site investigations, and the visualization of geothermal boreholes and geothermal probes. The program group DC Foundation Engineering, on the other hand, comprises software solutions for geotechnical calculations, foundation engineering as well as groundwater drawdown and infiltration.
Since its foundation in 1989, DC-Software has developed into a sustainably growing and profitable company. With the acquisition of the company, which is well established on the DACH market, FRILO is expanding its portfolio in the foundation engineering & foundations segment in a trend-setting way. “We are extremely pleased to have gained many years of expertise in software development in the specialized field of foundation engineering for our customers with DC Software,” said Markus Gallenberger, Managing Director of FRILO. “Due to the increase in our foundation engineering solutions, our customers benefit from an enormous solution portfolio that FRILO provides for day-to-day business. The consistently growing and beneficial product portfolio always makes the difference for our customers.”
“We attach great importance to ensuring continuity for customers and employees with the takeover. I am convinced that FRILO and the Nemetschek Group provide the appropriate conditions for this,” says Dr.-Ing. Armin Doster, co-founder of DC-Software. “In addition, we expect this step to enable us to profitably use the strong synergies between the two companies and to benefit from new impulses.”
The role of Proventis Partners
Proventis Partners acted as exclusive M&A advisor to the shareholders of DC-Software Doster & Christmann GmbH in the preparation and implementation of the transaction. In addition to the implementation of a structured sales process, the consulting services included the preparation of marketing and transaction documents, identification and approaching of potential investors including management presentations as well as support in the due diligence and negotiation of the transaction. The transaction team of Proventis Partners was Jan Pörschmann (Partner, Munich), and Maximilian Gluchowski (Associate, Munich).
About DC-Software Doster & Christmann GmbH
DC-Software, based in Munich, Germany, has been developing and distributing software in the fields of foundation engineering and soil mechanics since 1989 and can draw on more than 30 years of experience in these areas. By supporting multiple languages as well as the standards of different countries, DC software programs can be used internationally. DC software is used in over 50,000 program licenses by more than 3000 customers in over 80 countries on all continents. For more information, visit https://www.dc-software.de/
About FRILO
FRILO has been offering powerful and user-friendly software solutions for structural calculations for over 40 years and has become a leading provider in this field on the German market with almost 200 calculation programs. FRILO’s software engineers attach great importance to reconciling intuitive operation with easily comprehensible and reliable results. With its claim to develop products oriented to the BIM concept, FRILO is also paving the way for networked building planning in which cooperation with other disciplines is more efficient. Since 1999, FRILO, headquartered in Stuttgart, has been integrated into the Nemetschek Group as an independent brand. For more information, visit https://www.frilo.eu/
About Proventis Partners
Proventis Partners is a partner-led M&A advisory firm whose clients include a majority of mid-sized family businesses, corporate subsidiaries and private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A consultancies in the German-speaking region and looks back on more than 20 years of M&A experience and well over 300 completed transactions. The M&A consultants with offices in Düsseldorf, Hamburg, Munich and Zurich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, HealthCare and Energy & Sustainability. www.proventis.com