
Alpina carves out QDA from ASI Datamyte
Alpina Partners has acquired the quality management software division of computer-aided quality assurance company ASI Datamyte.
Following the transaction the new company will operate under the name QDA Solutions and will be headed by current managing director Sven Tetzlaff.
This is the continuation of a buy-and-build strategy for Alpina in the manufacturing execution systems sector. The GP plans to expand the product and service portfolio of QDA as well as target further acquisitions. The first transaction in this category was the buyout of Germany software developer Gefasoft in January 2017.
Company
Founded in 1987, ASI develops software for computer-aided quality assurance across a range of production processes. The company's global headquarters are in the US, but the QDA division is based in Lübeck. The QDA division makes quality management software, which enables users to record and analyse data to optimise processes. Customers include companies from various industries including the automotive, customer goods and energy sectors.
People
Alpina Partners – Florian Strehle (partner); Christian Thielemann (associate).
QDA Solutions – Sven Tetzlaff (managing director).
Advisers
Equity – AFR Aigner Fischer (legal); AC Christes & Partner (financial due diligence); Gray Plant Mooty (legal).
Company – Raymond James (corporate finance); Winthrop & Weinstine (legal).
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