Management buyout at DNV GL (Germanischer Lloyd): FRIENDSHIP SYSTEMS AG takes over assets

  • eventurecat advises FRIENDSHIPS SYSTEMS AG in asset deal with the DNV GL Group
  • Thomas Schröter, Managing Director of eventurecat GmbH Corporate Finance Advisors, joins the Supervisory Board of FRIENDSHIP SYSTEMS AG

The specialised M&A advisory for IT and internet companies, eventurecat, has advised the managers and shareholders of FRIENDSHIP SYSTEMS AG in an asset deal with the DNV GL Group, one of the three biggest ship and offshore classification societies in the world.

As part of the M&A deal supported by eventurecat, all assets and employees of the DNV GL Group’s CAESES Division have been taken over by FRIENDSHIP SYSTEMS AG. As a part of the management buyout, FRIENDSHIP SYSTEMS AG takes over the software product CAESES® which is widely used within the maritime sector. It is a widespread industry standard for the optimisation of hulls, ship propellers and turbo-machinery including pumps and turbochargers within the maritime sector.

Thomas Schröter, Managing Director of eventurecat GmbH and Chairman of the Board of the IT sector association SIBB e.V., has been appointed as Member of the Supervisory Board of FRIENDSHIP SYSTEMS AG, together with lawyer Kerstin Anker (Chairman of the Supervisory Board) and Prof. Dr. Moustafa Abdel-Maksoud. The Board of Directors of the new company is represented by Claus Abt and Dr. Stefan Harries.

“We have already positioned ourselves very successfully within the maritime sector. That allows us to now establish ourselves in the automotive sector, in turbo-machinery production and in the energy sector as well as a part of our growth strategy,” says Dr. Stefan Harries, Managing Director of FRIENDSHIP SYSTEMS AG.

Images

Photograph Dr. Stefan Harries, Managing Director of FRIENDSHIP SYSTEMS AG:

By |Wednesday, 11. March 2015|Uncategorized|Comments Off on Management buyout at DNV GL (Germanischer Lloyd): FRIENDSHIP SYSTEMS AG takes over assets

Alliance of International Corporate Advisors and eventurecat form strategic partnership

  • eventurecat increases international cooperation and becomes part of the AICA network
  • Collaborates with M&A experts from the USA, Asia and Europe
  • Gains partners in San Francisco, New York, London, Shanghai, Tokyo and Sydney

The Alliance of International Corporate Advisors (AICA) has granted exclusive membership to eventurecat GmbH Corporate Finance Advisors effective immediately. AICA is the international association of corporate finance consulting firms with a focus on middle-market tech companies. The consulting firms and investment banks of AICA are composed exclusively of experts in cross-border merger and acquisition (M&A) transactions, venture capital financing, joint ventures and other strategic transactions.

Rob van Schaik, AICA President and partner at ICP Corporate Finance, Amsterdam, welcomes the new member: “We are very happy to have eventurecat as part of AICA. Being a well-established company in the German market, with a strong focus on the IT and media industry, eventurecat will definitely add value to our alliance and enhances our offering to our combined client base.”

Thomas Schröter, managing director of eventurecat, expects many benefits from the strategic partnership for eventurecat clients: “Almost all of our managed M&A transactions are international. In these transactions, we can now cooperate even more closely with international partners. Our clients will therefore have direct access to a worldwide network of potential buyers and investors.”

Schröter can look back on his more than a decade of cross-border transaction experience. He has also operated his own IT companies in the USA, France, the UK and India. He knows the benefits of international networks: “Personal relationships are critical for success in M&A. AICA offers an excellent […]

By |Tuesday, 29. October 2013|Uncategorized|Comments Off on Alliance of International Corporate Advisors and eventurecat form strategic partnership