FLEX Capital’s successful acquisition of Omikron with the support of Telescope’s commercial due diligence
Telescope Advisory Partners advised FLEX Capital Management GmbH (“FLEX Capital”) with Commercial Due Diligence services on its acquisition of Omikron Systemhaus GmbH & Co. KG (“Omikron”), a German-based e-banking software provider.
Founded in 1983, Omikron offers a holistic portfolio for its e-banking software solutions that is complemented by comprehensive services such as IT-consulting, hosting, implementation, or managed services. The company pursues a customer agnostic approach, serving the need of both, banks as well as corporate clients that are primarily operating in the mid-market segment. Due to Omikron’s extensive partner network, the company has continuously expanded its footprint in Eastern European regions.
FLEX Capital is a private equity investment firm, focusing on software and internet medium-sized businesses in the DACH region. Due to the entrepreneurial and operational expertise, FLEX Capital continuously acts as a sparring partner to its portfolio companies, aiming to make an active contribution to the positive development of businesses and to foster the full potential of hidden champions.
“Omikron is an excellent addition to FLEX Capital’s portfolio. Due to the major focus on software companies in the DACH region as well as the entrepreneurial approach, Omikron will certainly benefit of FLEX Capital’s expertise and the accompanying synergy effects. Now, Omikron is in the perfect position to become the leading e-banking software provider in Germany as well as adjacent countries. Congratulations to FLEX Capital and Omikron on this great deal!” – , says Simon Fischer, Managing Partner at Telescope Advisory Partners.
telescope-advisory.com/press-release-on-cdd-support-for-flex-capital/