– IDS Scheer (XTRA: IDS) is the worldwide market leader in business process analysis and optimisation solutions
– Offers software solutions in Business Process Analysis and Enterprise Architecture Technology
– Formidable business process and SAP implementation professional services capability
– IDS Scheer is headquartered in Saarbrucken (Germany) with 2,800 employees serving 7,500 customers in 70 countries
– Software AG (XTRA: SOW) is the world’s largest independent provider of Business Infrastructure Software
– Product portfolio includes solutions for high performance data management, applications modernisation, service-oriented architecture enablement and business processes improvement
– Software AG is headquartered in Darmstadt (Germany) with over 3,600 employees serving 4,000 customers in 70 countries
– The transaction will create a global player in infrastructure software and business process solutions with more than 6,400 employees and in excess of €1 billion in revenue
– Software AG’s strengths – technology leadership in middleware software, financial strength and a global presence – will complement IDS Scheer’s strengths – the modelling, implementation and controlling of business processes, a strong partner network and a large service presence in their 7,500 strong customer base
– The joint company strategy is focused on growth driven by the combined product offering, enhanced market access and the leverage provided by the specialist expertise of IDS Scheer’s consulting business to deliver the combined entity’s software solutions
– Arma Partners, working in close concert with the Software AG management team, leveraged its sector knowledge to proactively identify suitable acquisition opportunities for the company
– Developed an acquisition strategy which enabled Software AG to secure the support of the two co-founders and largest shareholders (professor Scheer and professor Pocsay) thereby achieving the highest possible ownership level in IDS Scheer ahead of announcing the public tender offer
– Worked closely with Software AG’s team to conduct due diligence on the target, execute an offer strategy and agree the terms of sale
– Arma Partners developed a negotiation and communication strategy for Software AG’s Board to drive relevant major shareholders to accept the offer