Warburg Pincus has entered into an investment agreement to acquire PSI Software SE for EUR 45.00 per share, valuing the company at approximately EUR 702 million, as part of its strategy to capitalize on growth opportunities in the software sector.

Target Information

PSI Software SE (PSI) is a prominent software company that specializes in optimizing the flow of energy and materials for utilities and various industrial sectors. As an independent software producer, PSI has maintained its status as a technology leader in process control systems since its establishment in 1969. The company currently boasts a workforce of approximately 2,400 employees, operating from 13 locations across Germany and 17 additional locations throughout Europe, Asia, and North America. For the financial year 2024, PSI reported revenues totaling EUR 260.8 million.

Industry Overview in Germany

The software industry in Germany is characterized by robust growth and innovation, driven by advancements in technology and increasing demand for digital solutions across various sectors. The industry is integral to supporting the nation’s economy, which places a strong emphasis on industrial automation, energy efficiency, and smart technology solutions. The presence of a skilled workforce and strong investment in research and development further bolster Germany's position as one of Europe's leading software markets.

Moreover, Germany's energy transition, known as the 'Energiewende', is catalyzing the demand for software solutions that facilitate the management of renewable energy sources and enhance operational efficiency w