Brockhaus Private Equity Acquires Majority Stake in Data Management Software Specialist Auvesy
Brockhaus Private Equity, an independent growth and buy-out investor focusing on innovation and technology leaders, has acquired a majority stake in Auvesy GmbH & Co. KG via a succession arrangement. Based in Landau, in the Palatinate region of Germany, the software provider offers world-beating data management solutions for highly automated manufacturing firms. Auvesy software solutions are being successfully employed by large international corporations, including Volkswagen, Daimler, Siemens, Coca-Cola and Merck.
“The new shareholder structure and our succession arrangement put Auvesy firmly on track to continue sustainably its ten-year success story in the future”, comments Auvesy CEO Dr. Tim Weckerle. “The added expertise and resources supplied by our new majority shareholder will give our company a crucial boost during a vital phase of its development, not only by helping us enlarge our product range, but also by accelerating our global expansion”, adds Weckerle.