SNP Schneider-Neureither & Partner SE

Provider of an automated IT migration software and related consulting services for selective data transformation in ERP-related IT landscapes, applied in the context of M&A, carve-outs and divestitures, ERP upgrades, cloudification and others

More information

10.01%

Ownership

€ 172m

Turnover

2020

Date of acquisition

Frankfurt Stock Exchange

(ISIN: DE0007203705)

Stock exchange

Registered office
Heidelberg, Germany

Business Sector
TMT

Software-based consulting firm specialised in the transformation of ERP-related IT landscapes

Investment thesis

Our investment thesis is built on several attractive attributes:

Attractive end markets with structural growth driven by ongoing SAP transformations (migration to version S4/HANA) and the growing importance of migration and management of data for companies in general
Its unique value proposition to deliver complex data transformations faster and at a higher quality than manually executed transformations thanks to its Crystal Bridge software solution
General shortage of skilled IT professionals favoring the use of SNP’s software and services
Strong potential to further enhance profit margins on the back of a growing software share in the overall business-mix
Potential for further internationalization as sales are still concentrated on the DACH region / Europe

Achievements

Strengthening of the Management Board with new CEO appointed 2022
Supervisory Board reshuffled since 2021, with Luxempart representative S. Reppegather elected to the Board in 2021

1) as of latest voting rights notification (08/12/2021)