Engagement — Add-on Due Diligence
Code & Co. conducted Tech & Product Due Diligence for Simovative, a portfolio company of FLEX Capital, in preparation of its partnership with SOP Hilmbauer & Mauberger GmbH, one of the most established providers in the European higher education market.
FLEX Capital portfolio company Simovative and SOP Hilmbauer & Mauberger GmbH are joining forces through a strategic merger. SOP is a leading provider of software solutions for international mobility and partnership management in higher education. Headquartered in Vienna and Amstetten, with additional locations in Wiener Neustadt and Bremen, and over 20 years of experience, SOP is one of the most established providers in the European higher education market.
Scope of Work
Code & Co. Code & Co. analyzed SOP Hilmbauer & Mauberger’s configurable mobility management platform, covering its software architecture, cloud infrastructure, integration capabilities, and security measures.
Additionally, Code & Co. evaluated the company’s product roadmap, rollout procedures, and operational processes.
The review concluded with an assessment of the engineering organization, software development lifecycle, and quality assurance practices.
About SOP Hilmbauer & Mauberger GmbH
SOP is an Austrian software provider specializing in international mobility management in the higher education sector. Its solution, Mobility-Online, helps universities worldwide manage Erasmus+, partnerships, and study abroad programs, and is already used by over 400 institutions. Further information can be found here: https://www.sop.co.at
About Simovative
Simovative is the provider of the campus management software academyFIVE and has been supporting universities on their path to digital transformation for more than 20 years. With a strong focus on user-friendliness, modularity, and end-to-end process digitalization, Simovative is now among the leading providers in the German-speaking region and is already in use at more than 70 universities, visit https://www.simovative.com
About FLEX Capital
FLEX Capital is a private equity fund founded by successful serial entrepreneurs that invests in profitable and growing companies from the German Internet and software midmarket. Announced in early 2023, the second fund of €300 million includes a commercial structure for the first time, enabling FLEX Capital to provide operational support to portfolio companies with a purpose-built 30-person team of experts, differentiating the investor from many other private equity funds. Currently, the FLEX portfolio comprises eight business platforms. For more information, visit www.flex.capital.