Star/Trac: Banyan Software Acquires German Supply Chain Innovator
Deal News | Jun 04, 2025 | PR Newswire Cision Banyan Software
Banyan Software, a prominent acquirer and operator of niche software companies, has announced the acquisition of star/trac supply chain solutions GmbH, a specialized provider of intelligent yard and transportation management solutions for the chemical, industrial, and logistics sectors. Based in Munich, star/trac, a part of the Barkawi Group, is known for its innovative solutions that enhance operational efficiency, minimize truck wait times, and adhere to strict regulatory standards. Banyan Software, known for its buy-and-hold-for-life acquisition strategy, aims to extend star/trac's reach in the logistics and industrial sectors while preserving the legacy of the company's founders. The acquisition aligns Banyan's strategy to bolster its niche software portfolio. Star/trac's leadership team and strong customer base, including prominent blue-chip companies, were significant factors in Banyan's decision to pursue the partnership.
Sectors
- Software Development
- Supply Chain Management
- Logistics
- Industrial
Geography
- Germany – Star/trac is headquartered in Munich, and the acquisition highlights Banyan Software's expansion into the German market.
Industry
- Software Development – Banyan Software is a major player in the acquisition and operation of niche software companies.
- Supply Chain Management – Star/trac specializes in intelligent yard and transport management solutions enhancing supply chain efficiencies.
- Logistics – Star/trac provides solutions specifically aimed at optimizing logistics operations for its clients.
- Industrial – Star/trac caters to industrial clients with complex operational requirements.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Banyan Software | Acquirer | Company | A company focused on acquiring and operating niche software businesses with a long-term investment strategy. |
| star/trac supply chain solutions GmbH | Target Company | Company | A Munich-based provider of advanced yard and transport management systems for the chemical, industrial, and logistics industries. |
| Barkawi Group | Selling Company | Company | An investor and company developer, involved in the growth and scaling of global supply chain technology companies. |
| Hans Maier-Dech | CEO | Person | Co-CEO of star/trac and a key figure in the development of the company. |
| Clemens Weber | CEO | Person | Co-CEO of star/trac, involved in leading the company alongside Hans Maier-Dech. |
| Stefan Willemroth | CTO | Person | Chief Technology Officer of star/trac, overseeing technological innovations. |
| Kay-Ingo Greve | Operating Partner, DACH | Person | An operating partner at Banyan Software, instrumental in supporting the acquisition and integration. |
| Karim Barkawi | CEO of Barkawi Group | Person | Leading the Barkawi Group, involved in business development and scaling efforts. |