Engagement — Add-on Due Diligence
Code & Co. provides Tech & Product Due Diligence to BuildTec Software Group, a leading European platform for innovative construction software solutions in preparation for its investment in E-Komplet, a leading project management software tools provider.
Code & Co. provides Tech & Product Due Diligence to BuildTec Software Group (a portfolio company of funds advised by Bregal Unternehmerkapital) ahead of its investment in E-Komplet, a specialist in offering a full-suite of craftsmen-specific project management software tools, supporting Danish small and medium businesses in the trade verticals.
Scope of Work
Code & Co. performed Tech & Product Due Diligence for BuildTec Software Group.
This encompassed a comprehensive analysis of E-Komplet's architecture, technology stack, integration capabilities, scalability, and the security dimensions of its platform. The assessment delved into the efficiency of engineering processes and the expertise of the responsible team. Additionally, Code & Co. scrutinized aspects such as technical debt and the company's overarching product vision and roadmap to ascertain overall effectiveness and potential for future growth and success.
E-Komplet, founded in 2012 and headquartered in Aalborg, Denmark, is a leading software provider supporting local trade businesses such as electrical, plumbing, painting, masonry, carpentry, grouting, and other service industry companies. Since its formation, E-Komplet has made it its mission to help digitize and optimize critical workflows and support business growth for its customers, including access to a financial accounting model. This mission is critical to those in the trade industry still facing several industry headwinds despite seeing record-high project volume. E-Komplet and BuildTech are united in their goal to help solve the trade industry challenges and support its continued growth.
About BuildTec Software Group
With the assembly of iconic construction technology brands such as SEMA Software, Compass Software, WGsystem, and Hausmann & Wynen, the fund advised by Bregal Unternehmerkapital has announced the formation of BuildTec Software Group, a leading European platform for innovative construction software solutions.
About Bregal Unternehmerkapital
Bregal Unternehmerkapital ("BU") is a leading family-backed investment firm with offices in Zug, Munich and Milan. As a part of a family-owned business that has grown over several generations, the BU funds invest in mid-sized companies based in Germany, Austria, Switzerland, and Northern Italy. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and "hidden champions" with solid management teams and outbreak potential. Since its founding in 2015, the funds managed by BU have invested over €2.8 billion in more than 100 companies, supporting over 20,000 employees and working in partnership with entrepreneurs and families to develop, internationalize, and digitize their businesses while helping them generate sustainable value on a responsible basis with the next generation in mind. For more information, please visit www.bregal.de or find them on LinkedIn.