News
Proventis Partners advises DC-Software Doster & Christmann GmbH on its sale to FRILO Software
Munich, 11. April 2022 – The shareholders of DC-Software Doster & Christmann GmbH have sold 100% of their shares in the company to FRILO Software GmbH, Stuttgart, part of Nemetschek Group, Munich. The Munich-based company has been developing special software solutions for foundation engineering since 1989. With the acquisition, FRILO strategically expands its product portfolio in the foundation engineering & foundations segment and thus strengthens its position as a leading provider of structural analysis programs.
With more than 30 programs, DC-Software covers a comprehensive range of digital foundation engineering solutions. The software company’s offering is divided into two foundation engineering subsectors. Users apply the programs of the DC Soil Mechanics segment for soil investigations, soil and contaminated site investigations as well as the visualization of geothermal boreholes and geothermal probes. The DC Foundation Engineering Statics program group, on the other hand, comprises software solutions for geotechnical calculations, foundation engineering as well as groundwater drawdown and infiltration.
Since its incorporation in 1989, DC-Software has developed into a sustainably growing and profitable company. With the acquisition of the company that is established on the DACH market, FRILO expands its portfolio in the segment of foundation engineering & foundations in a trend-setting way. “We are extremely pleased to have gained many years of expertise in software development in the special field of foundation engineering for our customers with DC-Software,” says Markus Gallenberger, managing director of FRILO. “Due to the expansion of our foundation engineering solutions, our customers benefit from an enormous solution portfolio that FRILO provides for their daily business. The consistently growing and beneficial product portfolio always makes the difference for our customers.”
“We attach great importance to ensuring continuity for customers and employees with the takeover. I am convinced that FRILO and the Nemetschek Group provide the appropriate conditions for this,” says Dr.-Ing. Armin Doster, co-founder of DC-Software. “In addition, we expect this step to enable us to profitably use the strong synergies between the two companies and to benefit from new impulses.”
The Role of Proventis Partners
Proventis Partners acted as exclusive M&A advisor to DC-Software and supported the client throughout the entire sales transaction. In addition to the implementation of a structured sales process, the consulting services included the preparation of marketing and transaction documents, identification and approaching of potential investors including management presentations as well as support in the due diligence and negotiation of the transaction. The transaction team of Proventis Partners consisted of Jan Pörschmann (Partner, Munich), and Maximilian Gluchowski (Associate, Munich).
About DC-Software Doster & Christmann GmbH
DC-Software, based in Munich, has been developing and distributing software in the fields of foundation engineering and soil mechanics since 1989 and can rely on more than 30 years of experience in these fields. By supporting several languages as well as the standards of different countries, the DC-Software programs can be used internationally. DC-Software is used in more than 50,000 program licenses by more than 3000 customers in more than 80 countries on all continents. Further information at https://www.dc-software.de/
About FRILO Software
FRILO has been offering powerful and user-friendly software solutions for structural calculations for more than 40 years and has become a leading provider in this field on the German market with almost 200 calculation programs. The software engineers at FRILO attach great importance to combining intuitive operation with easily comprehensible and reliable results. With the claim to develop BIM-oriented products, FRILO also paves the way for networked building planning, in which cooperation with other disciplines is more efficient. FRILO, with its headquarters in Stuttgart, has been integrated into the Nemetschek Group as an independent brand since 1999. You can find further information at https://www.frilo.eu/
About Proventis Partners
Proventis Partners is a partner-managed M&A advisory firm whose clients include a majority of medium-sized family-owned companies, group subsidiaries as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and looks back on 20 years of M&A experience and more than 300 completed transactions. The M&A consultants with offices in Dusseldorf, Hamburg, Munich and Zurich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, Healthcare and Energy & Sustainability. The exclusive membership in Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of Mergers Alliance, with over 200 M&A professionals, provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.