Engagement — Add-on Due Diligence
Code & Co. advises GENII, a portfolio company of funds advised by BU, on Tech & Product Due Diligence ahead of its acquisition of Jarosch & Haas GmbH, a rapidly growing provider of software solutions for public transport.
GSG GENII Software Group GmbH ("GENII") has acquired Jarosch & Haas GmbH ("Jarosch & Haas"), a family-run provider of software solutions for public transport. This strategic acquisition expands GENII’s offering for the public sector and further strengthens its presence in the European market.
Scope of Work
Code & Co. conducted a thorough evaluation of Jarosch & Haas, focusing on the technological, operational, and engineering aspects of its public transport ticketing software platform.
The analysis included a review of the platform’s architecture, infrastructure, technology stack, security posture, and regulatory environment, including ISO certifications. In addition, Code & Co. examined the company’s operational setup and scalability.
Furthermore, the engineering organization, software development lifecycle, and quality assurance practices were assessed.
About Jarosch & Haas
Founded in 1998, Jarosch & Haas is a rapidly growing provider of software solutions for public transport. With its complete solutions – from ticketing and billing to apps, web shops and control systems – the company serves numerous transport companies and mobility service providers in Germany and Austria. The company has around 40 employees and operates from several locations in Austria and Germany.
About GENII Software Group
GENII offers leading, industry-specific software solutions and services tailored to the needs of medium-sized companies and public administrations. Headquartered in Munich, GENII is supported by funds advised by BU Bregal Unternehmerkapital and Elvaston. The group operates through six industry-focused verticals: Manufacturing, Retail, Distribution, Automotive Aftermarket, Laboratories and Public Services. Its focus is on European customers, particularly in the DACH region, Scandinavia, Benelux, the UK and Italy. GENII employs around 3,000 people at more than 35 locations and generates revenues of over €400 million.
About BU
BU Bregal Unternehmerkapital (“BU”) is a leading investment firm with offices Zug, Munich, Milan, and London. With more than €7 billion in assets under management, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU focus on investments in mid-sized companies across the DACH region and neighboring economies. 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 breakout potential. Since its founding in 2015, the funds advised by BU have invested in more than 160 companies, thereby creating over 11,000 jobs for a total of nearly 32,000 employees. As a strategic partner, BU helps entrepreneurs and families develop, internationalize, and digitize their businesses, while generating sustainable value on a responsible basis with the next generation in mind.
For more information, please visit www.bu-partners.com or find them on LinkedIn.