IMCap Acquires Majority Stake in SaaS Software Vendor Intact
Lebring, Austria, September 10, 2018
Intact GmbH – a leading provider of software solutions for audit, certification, and standards management – has found a strong partner in a consortium of investors lead by IMCap GmbH. The new shareholder acquires a majority stake in the Austrian technology company and provides growth capital as part of the transaction. The successful management team lead by CEO Thomas Lorber will continue to manage the company. Purchase price and other terms of the transaction are not disclosed.
Intact will continue to focus on the development and marketing of the SaaS solution ECERT for the audit and certification market. ECERT is the only software solution in the market that digitizes the entire audit and certification process. As a specialized ERP system for audit and certification management, ECERT covers the entire value chain of certification bodies – from audit planning and auditing to the completed certification. It is also ideally suited for the management of internal audits and standards. Thanks to its configurability, the ECERT standard platform meets the audit and certification requirements of most industries, provides a stable and secure environment to run customers’ core processes, and allows customers to significantly increase efficiency therefore reducing costs. Intact's employees' deep knowledge and expertise in process optimization for the audit and certification industry contribute strongly to their customers' success.
“Today, only very few companies provide specialized software solutions for the digitization of processes in the growing certification industry", explains Rolf Menne, Operating Partner at IMCap. "The ECERT SaaS software platform allows customers to digitize the complete audit and certification value chain and workflow already today. This facilitates a way more efficient use of resources and significantly reduces costs for Intact’s customers. We see this as a clear strength of Intact and believe that Intact is in a very strong position in this growing market".
"IMCap is a very proficient partner who brings valuable know-how to our company in addition to capital", says Intact's CEO Thomas Lorber. "This will enable us to grow faster and further expand our leading market position. Our customers will greatly benefit from this, which is always our focus."
Intact was advised by i5invest during this transaction.
Since its foundation in 2001, Intact GmbH has established itself as a leading expert and ERP software provider for audit and certification management. After initial successes in the food industry, the first international customers quickly followed. Today, Intact offers audit and certification management solutions for all industries. Intact is headquartered in Lebring, Austria, and has branches and partners in Switzerland, Germany, the USA, and Australia.
Customers include SGS Austria, Kiwa, U.S. Department of Agriculture, FLOCERT, Marine Stewardship Council, Austria Bio Garantie, ACO Certification, Austrian Standards, Swiss Safety Center, Alliance for Responsible Mining, coop, Non-GMO Project, and MEDCERT.
IMCap GmbH is a specialized investment advisor that originates, executes, and manages direct investments for investors in small- and medium-sized technology companies with a focus on software and digitization in the DACH region. It invests with a focus on operational value creation alongside strong management teams. At the core of its investment strategy are companies with sustainable business models that are facing a period of transition. IMCap Partners is owned and operated by its partners and operates out of its Düsseldorf office.
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