Sophora Advances Buy-and-Build Strategy with WESTCAM Merger
Deal News | Dec 20, 2024 | Goodwin
Sophora Unternehmerkapital, a Munich-based independent investment company, alongside its portfolio entity auxalia GmbH, has successfully engineered the merger with Austrian-based WESTCAM Beteiligungs- & Management GmbH and its subsidiaries. This strategic merger is a part of Sophora's and auxalia’s buy-and-build growth strategy. Goodwin acted as the primary advisor securing the financing for this deal. WESTCAM operates in the industrial automation sector with expertise in industrial printing, robotics, and digital solutions. auxalia, a leader in Autodesk-based software for construction, is notable for its standing as an Autodesk Platinum and Autodesk Construction Cloud Elite Partner. Together, the merger aims to create a significant impact in the industrial and construction technology markets across Germany, Austria, and Switzerland.
Sectors
- Investment Management
- Industrial Automation
- Software and Technology
- Mergers and Acquisitions
Geography
- Germany – Sophora Unternehmerkapital, based in Munich, is involved as the primary investment company.
- Austria – WESTCAM is an Austrian company focusing on industrial automation and digital solutions.
- DACH Region – Both Sophora and auxalia have substantial operations throughout Germany, Austria, and Switzerland, collectively known as the DACH region.
Industry
- Investment Management – Sophora Unternehmerkapital operates in investment management focusing on medium-sized companies in the DACH region.
- Industrial Automation – WESTCAM specializes in industrial automation, providing solutions in industrial printing, automation, robotics, and digital industries.
- Software and Technology – auxalia is known for providing Autodesk-based software solutions for the construction industry, emphasizing technology integration.
- Mergers and Acquisitions – The article refers to a merger, part of a strategic buy-and-build approach undertaken by investment and portfolio entities.
Financials
- Not Disclosed – The financial terms and valuation for the merger between auxalia and WESTCAM have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sophora Unternehmerkapital | Investor | Company | An independent investment firm focusing on medium-sized businesses in the DACH region. |
| auxalia GmbH | Portfolio Company | Company | A leading Autodesk-based software provider for the construction industry in the DACH region. |
| WESTCAM Beteiligungs- & Management GmbH | Target Company | Company | An Austrian firm specializing in industrial automation and digital solutions. |
| Goodwin | Legal Advisor | Company | Provided legal advice and helped secure financing for the merger transaction. |