FLEX Capital has acquired a majority stake in Simovative, a leading Munich-based provider of cloud-based campus management software for universities in the DACH region.

Information on the Target

FLEX Capital, a private equity investor specializing in small to medium-sized software companies in the DACH region, has announced its acquisition of a majority stake in Simovative. Based in Munich, Simovative is a leading founder-led software firm specializing in campus management, offering a completely cloud-based, scalable solution for universities within the DACH region.

Founded in 2002 by Torsten Fürbringer and Jörn Wünnemann as a student project, Simovative has grown into a market leader in campus management software. Its modular platform, academyFIVE, which boasts over 50 customizable features, supports universities in all critical processes including data management, course and room scheduling, examination administration, as well as providing mobile applications through the CampusWEB app. Thanks to extensive customization options, the software seamlessly integrates into existing IT systems used by universities.

Industry Overview in the Target’s Specific Country

Simovative has developed a robust customer base primarily composed of private universities in the DACH region. Notably, the company has achieved high customer loyalty and a low churn rate. Recent successes include winning a tender with FernUnive