EMH buys minority stake in Genui-backed Acrolinx

Wahida Ahmed
12 May 2022

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Midcap investor EMH has acquired a significant minority in Acrolinx, a German AI-enabled intelligence software company backed by sponsor Genui.

EMH and Genui, which will remain the company's majority shareholder, will continue expanding Acrolinx, including via a double-digit million investment in sales, product and marketing capabilities, according to a press release.

EMH is currently investing through EMH Growth Fund II, which held a final close in June 2017 on EUR 350m. The vehicle invests in technology SMEs in the DACH region, according to Unquote Data.

Genui bought Acrolinx in June 2017 for an enterprise value of USD 60m from Kennet Partners. At the time of the deal, former CEO of SAP and Value Services, Bernd-Michael Rumpf, invested in Acrolinx, according to Unquote Data.

Genui invested in the deal through its debut EUR 407m fund which closed in July 2016.

Company
Acrolinx was founded in 2002 and is headquartered in Berlin with an office in Boston. The company employs around 180 staff with approximately 60 based in the US. Acrolinx is an AI-enabled software intelligence provider that increases its customer's content value. To date, Acrolinx generated more than 70% of its revenues in North America, according to the press release.

People
Acrolinx – Volker Smid (CEO).
EMH Partners – Jens Zuber (partner).