Engagement — Platform Due Diligence
Code & Co. provides Tech & Product Due Diligence to GENUI ahead of its acquisition of Aagon, one of the leading client management solutions provider.
Private investment firm GENUI has acquired a majority stake in Aagon, a software company based in Soest, North Rhine-Westphalia in Germany. GENUI’s investment is intended to support Aagon in continuing its successful growth course in the coming years and opening up new international sales markets. In addition, the takeover will secure the long-term succession at the shareholder level.
Scope of Work
Code & Co. performed an audit of Aagon’s platform, including a review of its software architecture, infrastructure, technology stack, scalability, and security, with a focus on its architecture and product roadmap. Code & Co. further assessed Aagon’s AI/ML strategy, and product operations. A thorough review of its engineering team was conducted, in addition to engineering processes such as its Software Development Life Cycle (SDLC).
About Aagon
Aagon was founded in 1992 by Wilko Frenzel and Sascha Häckel. The company is based in Soest, North Rhine-Westphalia, currently employs almost 150 people, and works for more than 2800 customers and partners in over 20 industries. With its modular system, Aagon offers a holistic solution approach for the daily challenges of IT departments, such as the central management of devices and software licenses, the recording of faults or in the area of cybersecurity. www.aagon.com
About GENUI
GENUI is a private investment firm based in Hamburg/Germany. It was founded in 2014 by renowned entrepreneurs and experienced investment professionals, who have been investing in companies for over two decades and supporting them on their growth paths. GENUI follows the approach of “Good Entrepreneurship”, combining attractive returns and positive impact. The more than 30 GENUI entrepreneurs (founders and owners of companies such as BioNTech, Fressnapf, Adecco, Cancom and others) are actively and personally involved in all stages of the investment process. The focus of GENUI is on investments in market leaders in energy transition, health and digitalization. www.genui.de