DRS Investment acquires Electric Paper Evaluationssysteme

The GP said in a statement that it will provide additional funds to expand EPE's product portfolio. EPE also aims to expand its sales staff and grow its market presence in new regions.

Munich-based DRS acquires long-term stakes in software companies in DACH, Benelux and the Nordic region. It also provides short-term equity cheques of €50m.

EPE is the GP's third investment since its inception in 2018, according to a statement.

Company
EPE produces software for the creation of feedback surveys, courses and exams via its EvaSys Survey Automation Suite product. The company claims to have 20,000 users across 1,000 organisations.

Founded in 1996 by owner Lars Riemenschneider, EPE is based in Lüneburg, Lower Saxony. It also has offices in Scotland and Switzerland. It has 12 employees, according to LinkedIn, and generated revenues of $23.6m in 2019, according to Zoominfo.

People
Electric Paper Evaluationssysteme – Sven Meyer (managing director).
DRS Investments – Andreas Spiegel (managing director).

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