Simovative Joins Forces with FLEX Capital with Majority Stake Acquisition
Deal News | Jan 29, 2025 | Legal Community Germany
Hogan Lovells, a global law firm, has advised a fund managed by FLEX Capital on acquiring a majority stake in Simovative, a prominent software company in campus management. Simovative has built a reputation over two decades, leading the digital transformation of higher education processes through its academyFIVE platform. Many European universities rely on its services for critical educational administrative tasks. The acquisition was agreed upon without disclosing the purchase price. FLEX Capital’s investment is part of their strategy to support profitable and growing internet and software SMEs in Germany. Their second fund, announced in early 2023, totals EUR 300 million, enabling operational support through a team of 30 experts, setting them apart from many private equity firms.
Sectors
- Software
- Education Technology
- Private Equity
Geography
- Germany – FLEX Capital and Simovative are both based in Germany, key to the transaction.
- Europe – Simovative serves universities across the DACH region in Europe.
Industry
- Software – Simovative operates in the software industry providing campus management solutions.
- Education Technology – Simovative specializes in digital solutions for higher education institutions.
- Private Equity – FLEX Capital is a private equity firm investing in internet and software SMEs.
Financials
- EUR 300 million – Total value of FLEX Capital's second fund announced in early 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Simovative | Target Company | Company | A founder-led software company providing campus management solutions. |
| FLEX Capital | Bidding Company | Company | A private equity fund focused on German internet and software SMEs. |
| Hogan Lovells | Legal Advisor | Company | Global law firm advising FLEX Capital on the transaction. |