Engagement — Add-on Due Diligence
Code & Co. provides Tech & Product Due Diligence to the group of software companies specialized in various construction trades that has been formed around SEMA, a portfolio company of funds advised by Bregal Unternehmerkapital, ahead of its investment in Hausmann Wynen, a software provider in the trade industry.
Hausmann Wynen, a leading software provider for the trade industry, has two flagship products:
Powerbird is a powerful and easy-to-use craftsman software for electrical, housing, and building services companies, which was developed in cooperation with customers and specialists for the needs of craftsmen. Whether as calculation software with GAEB interface or archiving software: Powerbird helps to make daily work more efficient for craftsmen, helping to holistically optimize all operational processes.
Sitara extends dealers and wholesalers a comprehensive integrated software solution that encompasses a complete suite of ERP and merchandise management functionalities. This includes seamless integration of financial accounting, CRM, logistics, and a range of other essential features.
Scope of Work
Code & Co. provided Tech & Product Due Diligence to SEMA Group, a global leader in the CAD/CAM software sector.
The diligence of Hausmann Wynen included a thorough audit of their flagship products, Powerbird and Sitara. As a part of the process, Code & Co. analyzed the technology selections, architectural design, infrastructure, and engineering workflows of the products. The assessment also examined the company’s hiring roadmap, seeking out opportunities for enhancement. Furthermore, Code & Co. focused on the validation of the product vision and roadmap, KPIs and metrics, and evaluated the proficiency of corporate operations such as customer onboarding and support.
About Hausmann Wynen
The Hausmann Wynen company was founded in 1983 by Reinhard Hausmann and Hartmut Wynen in Monheim am Rhein. Initially, the focus was on the development of software solutions for specialist electrical engineering companies. Its suite quickly expanded to include building services engineering, trade and industry. Several thousand companies from all over Germany are working with Hausmann Wynen software.
With its brands SEMA, WGsystem and Compass the SEMA group is the world's leading provider of software solutions and complementary services in the fields of timber construction, stair design and sheet metal work. The software solutions are available in 11 languages and have been successfully used by more than 11,000 customers in 61 countries for over 40 years. With SEMA, craft-oriented carpenters, roofers, joinery centres and the prefabricated house industry have the efficient and integrated solution for planning, calculation and construction of timber buildings, stairs and roofing as well as cladding in 2D or 3D. To continuously expand its market position and to always offer customers innovative solutions, the group invests an average of 15 % of its turnover in the further development of solutions at its location in the Allgäu region every year.
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 strong management teams and outbreak potential. Since its founding in 2015, the funds managed by BU have invested over €2.6 billion in more than 100 companies, supporting over 25,000 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.