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Business Support Services | TMT

Sage Group plc. has sold 100% of the shares of syska GmbH in the course of an MBO to the Management team

Sage Group plc. has sold its German subsidiary syska Gesellschaft für betriebliche Datenverarbeitung mbH (syska) to the management team in the course of an MBO. The new owners, Angelika Benes and Pavel Benes, both long-term managing partner and founder of syska, will continue to lead the company. Financial details have not been disclosed.

syska is a specialist developer of accounting software and supplies clients with server and desktop components. The company's solutions include bookkeeping, cost accounting and fixed asset accounting, according to German, Austrian and Swiss law. Syska's products and services are focused on small and medium-sized enterprises and are GoBD certified.

The management team consists of Angelika Benes and one of the founders, Pavel Benes. Both of them have been in the company for more than 20 years.

Sage is the market and technology leader for integrated accounting, payroll and payment systems, supporting the needs of entrepreneurs and business builders. Sage helps drive today’s entrepreneurs with the most intelligent and flexible cloud-enabled software, support and advice to manage everything from money to people. More than 13,000 Sage colleagues in 23 countries work daily with a thriving global community of over three million entrepreneurs, business owners, tradespeople, accountants, partners and developers to champion the success of business builders everywhere. The group is listed on the FTSE 100 and supports local communities through the Sage Foundation.

Oaklins' team in Germany acted as the exclusive advisor to the seller in this transaction.

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Christopher Rahn

Director
Frankfurt, Deutschland
Oaklins Germany

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Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media
TMT

Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media

Kalmbach Media, a leading independent media company that provides ideas and inspiration to avid hobbyists, enthusiasts and citizen scientists through its multichannel brands, has sold its railroad and space enthusiast brands, including Trains, Model Railroader, Classic Toy Trains, Classic Trains, Garden Railways, Trains.com, Astronomy, FineScale Modeler and Kalmbach Books, to Firecrown Media, one of the leading transportation media providers serving the aviation, boating and logistics sectors.

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Enlitia has raised capital to fund its international expansion
Energy | TMT

Enlitia has raised capital to fund its international expansion

Enlitia has secured a fundraising round from a local family office in order to fund its international expansion and investment on product development.

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Dania Software has been acquired by Omnidocs
Private Equity | TMT

Dania Software has been acquired by Omnidocs

The owners of Dania Software A/S have sold the company to Omnidocs.

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