Carlsquare advised the shareholders of Heidler Strichcode GmbH, a leading software provider of shipping solutions, on their sale of the company to Elvaston Capital Management GmbH.
Founded in 1991, Heidler Strichcode is a leading software provider of shipping solutions. The company provides software for customizable shipping labels, a freight cost management system for tracking and analytics purposes and volume measurement solutions.
Elvaston Capital Management GmbH is an independent, partner-led private equity firm headquartered in Berlin. The company specializes in majority investments in technology companies across Germany, Austria, and Switzerland. Over the past years, Elvaston has successfully facilitated more than 90 transactions and currently have 20 active “platform companies” in its portfolio.
“We are extremely grateful to Carlsquare for advising us throughout this journey. Heidler Strichcode has found a great partner to grow with, and we thank the deal team at Carlsquare for their reliability and diligence throughout the process.” – Mats Heidler, shareholder of Heidler Strichcode
Carlsquare acted as the exclusive sell-side advisor to Heidler Strichcode, working closely with its management team and founder throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.