WCAS acquires Aim Software

Harriet Bailey
20 January 2015

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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).