Code & Co.

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Engagement — Add-on Due Diligence

Code & Co. advises BuildTec Software Group, established by funds advised by Bregal Unternehmerkapital ("BU"), on Tech & Product Due Diligence ahead of its investment in Acies, a Danish software provider.

BuildTec Software Group, a dynamic European platform specializing in cutting-edge software solutions for the construction and trade sectors, collaborates with Danish software provider, Acies A/S, through the acquisition of a majority stake.

Scope of Work

Code & Co. conducted Tech & Product Due Diligence for BuildTec Software Group on the Acies platform. This included an in-depth review of the architecture, infrastructure, and deployment strategies of Acies’ product portfolio. Further, the tech stack of the company’s solutions was assessed, its cybersecurity practices, and operations. Code & Co. also evaluated Acies’ product roadmap, the R&D teams, and software development lifecycle.

About BuildTec Software Group

BuildTec Software Group, with its portfolio of several leading construction technology software brands, is on its way to becoming the leading European platform for software solutions in the construction technology and trades sector, supporting more than 20,000 customers. BuildTec is committed to supporting the construction industry with reliable solutions that help its customers meet the challenges of a converging industry. With solutions in the areas of construction ERP, timber construction, staircase construction and sheet metal processing, BuildTec covers several key areas along the value chain of the construction industry. Renowned brands such as SEMA, Compass, Powerbird, Sitara, ISBCAD and WGsystem are the preferred tools used by thousands of companies every day.

About Acies A/S

Based in Silkeborg, Denmark, Acies has specialized in the development and implementation of industry specific solutions for window, door, and kitchen manufacturers since 1978. The solution line-up includes AciesOne and AciesCore for window and door manufacturers, Essential and Integrator for kitchen manufacturers and their outlets, and AciesInsights, a cloud-based BI platform.

About Bregal Unternehmerkapital

Bregal Unternehmerkapital (BU) is a leading private equity firm with offices in Zug, Munich and Milan. As part of a family business that has grown over generations, the funds advised by BU invest in medium-sized companies headquartered in Germany, Austria, Switzerland, and Italy, covering a wide range of industries. In its efforts to be the partner of choice for entrepreneurs and family businesses, BU focuses on partnerships with market leaders and "hidden champions" with a strong management team and great growth potential. Since its foundation in 2015, the funds advised by BU have invested over 3.0 billion euros in more than 100 companies and supported over 20,000 employees. In close partnership with entrepreneurs and families, their companies are further developed, internationalized, and digitalized - so that sustainable value is created on a responsible basis for the next generation.   For more information, please visit or find them on LinkedIn.