HTGF sells Collinor to Godesys
Early-stage technology investor High-Tech Gründerfonds (HTGF) has sold its stake in project management software developer Collinor to resource planning company Godesys.
HTGF first invested in Collinor in February 2007. The value of the deal was not disclosed but HTGF generally provides low seven-digit investments in a company's early funding stages.
The medium-term goal of the acquisition is to integrate Collinor’s project management software into Godesys's enterprise resource planning systems.
Company
Established in 2005, Collinor develops modular enterprise project management systems. The company is based in Cologne, Germany. It employs around 10 people.
People
High-Tech Gründerfonds – Jens Baumgärtner (investment manager).
More on Exits
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Ares Management handed keys to two-thirds of UK sponsor’s portfolio
Lender provided GBP 500m for three of the GP's deals between 2016 and 2019, Debtwire reported
Actera Group explores strategic options for Celebi Ground Handling
Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal
Main Capital’s Assessio to be sold to Pollen Street
Recruitment software company tripled in revenue under Main Capital’s ownership
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater