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About the deal

Capitalmind Investec advised Desk on the sale to Software Partners Group (SPG) and the raising of growth capital for further strategic and acquisitive growth.

Capitalmind Investec acted as exclusive financial advisor to the shareholders of Desk. Software Partners Group (SPG) has acquired all shares in Desk to support its growth objectives and accelerate its expansion in the consolidating B2B software and services market.

Desk is a full-service provider of ERP software solutions with its own development capabilities and proprietary software products. The solutions offered are customized to the needs of customers and are modular in structure to ensure optimal integration and scalability.

As part of its successful growth strategy to form a specialist group as part of SPG, the company has already prepared several concrete acquisitions in parallel to the transaction.

With the support of Software Partners Group, Desk will accelerate its strategic and operational growth plan, in particular by providing expertise and network in the B2B software market and buy & build strategies.

What we did

Capitalmind Investec supported the shareholders throughout the transaction: preparation of marketing material, organization of the process and involvement of the investors, preparation of the VDR, support in conducting the due diligence, support in negotiating the legal documentation.

About Desk

Desk offers medium-sized companies individual commercial software solutions for selected sectors, such as the tyre and manufacturing industries. The solutions are mostly based on the leading ERP platform SAGE, complemented by proprietary software products. Desk offers its >700 customers end-to-end solutions, including consulting, implementation, support, and related services.

About Software Partners Group

The Software Partners Group supports SMEs in the successful digitalization of commercial processes. For over 25 years, they have been offering customers from a wide range of industries a broad portfolio of products and services in the areas of ERP and HR. They are the experienced partner for anyone who wants to make their company more professional and future-proof.

The Capitalmind Investec team was a real added value to the outcome of our project. They were able to perfectly understand our needs and find in SPG the best partner for our future strategy: A partner that combines excellent technology know-how and buy & build expertise will enable us to reach the next stage of our journey.

Volker Schneider, CEO Desk
Deal Type
Target Headquarter
Date
June 2023
Parties