Engagement — Platform Due Diligence
Code & Co. provides Tech & Product Due Diligence to IK Partners ahead of its acquisition of DATAPART Factoring GmbH, the leading specialist in business process outsourcing services for driving schools in Germany.
IK Partners (“IK”) has announced that the IK Small Cap IV (“IK SC IV”) Fund has signed an agreement to acquire DATAPART Factoring GmbH (“DATAPART” or “the Company”), a leading German provider of business process outsourcing (“BPO”) for driving schools, alongside the existing management team. IK is acquiring its stake from German Equity Partners V, a fund managed by independent investment company ECM Equity Capital Management GmbH (“ECM”). Financial terms of the transaction are not disclosed.
Scope of Work
Code & Co. performed a comprehensive assessment of DATAPART’s ERP platform, analyzing its software architecture, infrastructure, and integration landscape.
The review also encompassed DATAPART’s product operations, customer support setup, and roadmap alignment in the context of its specialized B2B vertical.
Furthermore, Code & Co. examined the company’s IT organization, software development processes, and operational delivery model.
About DATAPART
DATAPART is the leading specialist in BPO services for driving schools in Germany, with over 600 customers. DATAPART has established itself as a proven partner for driving schools through its long-standing experience and its industry-specific, software-supported solution portfolio.
For more information, visit datapart-factoring.de
About IK Partners
IK Partners (“IK“) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €19 billion of capital and invested in over 200 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
For more information, visit ikpartners.com