Synova has successfully exited its first European investment with the sale of Avantra to Resurgens Technology Partners, achieving a remarkable 4.5x return.

Target Information

Avantra, previously known as Syslink AG, is a leading provider of AIOps software specifically designed for the SAP ecosystem. Headquartered in Basel, Switzerland, the company has revolutionized the management of SAP infrastructure by leveraging artificial intelligence to automate processes. This innovative approach not only enhances operational efficiency for clients but also minimizes the considerable costs and complexities associated with maintaining critical SAP systems.

Founded in Switzerland, Avantra marks a significant milestone for Synova, as this successful exit represents their first divestment from a European-based investment. Throughout its journey, Avantra has exhibited remarkable growth, notably by expanding into the North American market and establishing a strong sales presence in the U.S.

Industry Overview

The SAP ecosystem has emerged as a crucial domain within enterprise management, particularly for large organizations that rely on complex ERP systems to operate. In recent years, the demand for advanced monitoring and automation so