Overview

MAIT Group is a leading provider of innovative and pioneering digital solutions in the DACH region.  Headquartered in Rottweil, Germany, MAIT focuses on software and hardware in product lifecycle management (“PLM”), enterprise resource planning (“ERP”) and IT services generating approx. €120m in sales per annum.

The business develops and implements solutions in close cooperation with their over 5,300 SME customers. As a strategic implementation partner, MAIT uses the most innovative technologies from market-leading PLM, ERP and IT providers such as Siemens, PTC, SAP-PLM, abas, Comarch, HP and Fujitsu.

Highlights

• Differentiates itself by looking at digitisation in a holistic way and developing tailored solutions in partnership with its customers
• High level of recurring revenues driven by multi-year maintenance and IT infrastructure contracts
• Operates in an attractive market which is expected to continue to grow considerably; medium-sized companies in particular are investing significantly in digital transformation in order to make their processes more efficient and effective
• Demand for PLM, ERP and IT is expected to grow by around 8% annually in the coming years, driven by megatrends such as IoT and Industry 4.0
• Kamy Niroumand, former Chief Sales Officer at T-Systems and current Chairman of HR management software provider P&I, will join the Advisory Board as Chairman
• Strong M&A track record and further consolidation opportunities in a fragmented market

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.