Advised Bregal Unternehmerkapital on the sale of its portfolio company proALPHA Business Solutions GmbH, a leading provider of enterprise resource planning software, to ICG

Arma Partners is pleased to announce that it has acted as the exclusive financial advisor to Bregal Unternehmerkapital on the majority recapitalisation of its portfolio company proALPHA Business Solutions GmbH by Intermediate Capital Group (ICG). Bregal will remain involved in the further development of proALPHA through a continuing interest alongside ICG, strengthening proALPHA’s shareholder structure with long-term capital resources for growth investments.

Founded in 1992, proALPHA is one of the largest providers of Enterprise Resource Planning (ERP) solutions for medium-sized manufacturing and trading companies in the DACH region. With more than 900 employees worldwide, the company serves approximately 1,800 small and mid-sized customers (SMEs) driving digital transformation of business processes and laying the foundation for Industry 4.0 strategies. During Bregal’s ownership since 2013, the company has consistently outgrown the market, with revenues topping €100 million in fiscal year 2016.

This transaction demonstrates Arma Partners’ deep expertise in enterprise software and continued strong track record in the DACH region, having recently advised BC Partners on the acquisition of PlusServer, EQT on the €600m sale of Automic to CA and HgCapital on the €835m recapitalisation of P&I by Permira.