WCAS acquires Aim Software
Welsh Carson Anderson & Stowe (WCAS) has taken a majority stake in Viennese data management firm Aim Software.
The company's existing management team will continue to hold a minority stake and will lead the business following the transaction.
WCAS is also injecting growth capital into the business to facilitate the company's international expansion and to finance bolt-on acquisitions.
Company
Founded in 1999, Aim Software is headquartered in Austria and has further offices in Luxembourg, Switzerland, France, the UK and the US. It provides data and risk management software to the financial services industry via its business suite Gain. It has completed 400 projects worldwide.
People
Martin Buchberger is CEO and founder of Aim. Eric Lee is a general partner at WCAS. Sandeep Sahai will become chairman of the Aim board following the transaction.
Advisers
Management – Marlin & Associates (Corporate finance).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









