Information on the Target

Ingentis Group, headquartered in Nuremberg, Germany, is a premier provider of organizational charting, design, and analytics software. The company empowers enterprises to visualize, analyze, and optimize their workforce and organizational structures, enabling informed strategic decisions. With a robust portfolio, Ingentis serves over 2,000 distinguished customers globally, which includes numerous blue-chip enterprises and Fortune 500 companies. The company has established a strong presence in more than 50 countries and continues to expand its influence in the SaaS sector.

Maguar Capital acquired Ingentis in August 2021 from its founders, who remained significantly invested throughout the holding period. This investment provided an excellent foundation for collaborative growth, transforming Ingentis from a founder-led initiative into a rapidly scaling software organization known for its innovative offerings.

Industry Overview in Germany

The software industry in Germany represents a vital sector of the national economy, driven by technological innovation and digital transformation. Over the last few years, the country has seen substantial growth in its software market, which is characterized by a strong demand for B2B solutions. This has been largely fueled by companies seeking to enhance operational efficiency and improve decision-making processes through advanced analytics and organizational software.

In particular, the demand for SaaS products has accelerated, as businesses increasingly prioritize flexibility and scalability in their software consumption models. As companies navigate a challenging economic environment post-pandemic, the shift towards cloud-based solutions continues to reshape the competitive landscape, driving organizations to adopt more integrated software solutions.

The German software market is expected to sustain its growth trajectory, with trends indicating an increased focus on AI-driven applications, data analytics, and automation. As businesses across diverse industries recognize the value of data in optimizing workforce and operational structures, the market for organizational charting and analytics solutions is poised for continued expansion.

Internationally, Germany is recognized for its robust technology ecosystem, featuring a mix of established corporations and innovative startups that embody a strong entrepreneurial spirit. The collaboration between established firms and new entrants catalyzes technological advancements, further propelling the growth of the software industry.

The Rationale Behind the Deal

This transaction signifies Maguar Capital's strategic move to capitalize on the achievements of Ingentis during their partnership. By supporting the management team through operational improvements, SaaS transformation, and international expansion, Maguar has enabled Ingentis to become a formidable player in the software market. The successful transition into an internationally recognized SaaS company is a testament to their collaborative efforts, aligning with Maguar’s mission of fostering growth in outstanding founder-led businesses.

Moreover, the inclusion of Carlyle as a partner in the next phase of Ingentis’ journey is expected to provide the necessary resources and strategic guidance for further expansion. This partnership is expected to reinforce Ingentis' market position and drive innovations in its product offerings.

Information About the Investor

Maguar Capital, established in Munich, Germany, focuses on investing in small and medium-sized B2B software companies within the DACH region. Founded in 2019 by Matthias Ick, Gunther Thies, and Arno Poschik, Maguar has a demonstrated commitment to nurturing founder-led software businesses. The team brings over 40 years of collective experience as software CEOs and more than 30 years in the private equity sector, equipping them with valuable insights into the software and tech industries.

Maguar's approach centers on collaboration with management teams to drive operational growth and capitalize on market opportunities. Their investment philosophy is grounded in a dedication to fostering innovative solutions, which has been instrumental in the success of their portfolio companies, including Ingentis.

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The investment by Maguar in Ingentis represents a strong strategic alignment, positioning both entities for success within the burgeoning SaaS landscape. The ability of Maguar to assist Ingentis in its transition from a founder-led company to a major SaaS provider showcases their adeptness in recognizing and nurturing potential high-growth companies.

Furthermore, with a solid performance track record and a driven management team, Ingentis is well-positioned for continued success. The partnership with Carlyle is expected to open up new avenues for growth, leveraging their extensive network and resources for further expansion into North American and global markets.

Given the current trends within the software market in Germany and beyond, where organizational analytics and SaaS solutions are highly sought after, this deal reflects a sound investment opportunity. The proven demand for Ingentis' products among blue-chip clients further emphasizes the strategic potential for future growth.

Overall, it is reasonable to anticipate that this investment will yield positive returns in the long term, as Ingentis continues to innovate and adapt to the evolving needs of its customers, solidifying its reputation in the software industry.

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