Engagement — Add-on Due Diligence
Code & Co. provides Tech & Product Due Diligence to GSG GENII Software Group, a portfolio company of funds advised by Bregal Unternehmerkapital, ahead of its investment in iVention, a leading Laboratory Information Management System (LIMS).
Code & Co. provides Tech & Product Due Diligence to GSG GENII Software Group, a Bregal portfolio company, ahead of its investment in iVention. iVention, a front-runner in Laboratory Information Management Systems, is renowned for its flagship product iLES. This pioneering solution empowers laboratories to enhance workflow efficiency, as well as manage and automate operations within rigorously regulated settings.
Scope of Work
Code & Co. provided Tech & Product Due Diligence to GSG GENII Software Group.
This encompassed an extensive platform audit of iVention, Code & Co. delved into an in-depth evaluation of iVention's architecture, tech choices, engineering methodologies, and the alignment of their product vision and roadmap. Additionally, Code & Co. executed a comprehensive assessment of iVention's product excellence, as well as the effectiveness of its customer support and operational procedures.
iVention provides tightly integrated, state-of-the-art Laboratory Information Management Systems (LIMS), Electronic Laboratory Notebooks (ELN), Scientific Data Management Software (SDMS) and Collaboration solutions to customers across multiple industries. Underlying each of iVention’s solution is the powerful, flexible iLES - iVention Lab Execution System, a web-based, scalable and extensible informatics platform. iLES requires no client software installation and is available as hosted or installed solution that can be configured to meet customers’ needs without custom coding.
About GSG GENII Software Group
GSG GENII Software Group provides market-leading, industry-specific software solutions and services, which are explicitly developed to meet the needs of mid-sized businesses and public services. The company prides itself on being the partner of choice for software entrepreneurs and companies. As a trusted partner and expert advisor, GENII guides its customers through digitalization, ensuring they are future-proofed for success in an ever-changing business environment. GENII is based in Munich and consists of five vertical market business units: manufacturing, retail, distribution, public services, and laboratories.
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.