Investment company EMERAM: Double-digit growth also in the Corona year 2020 – First investment made in 2021
- 2020: Revenue growth of the portfolio companies achieves the previous year's level of around 17 percent, number of employees increases by around nine percent
- First acquisition realised in 2021: Portfolio company Matrix42 acquires remote access specialist FastViewer
- Further investments planned
Munich, 1 March 2021 – EMERAM Capital Partners, one of the leading investment companies for medium-sized companies in the German-speaking region, is continuing its growth course. The turnover and number of employees of the portfolio companies again increased significantly in 2020. And already in January 2021, the portfolio company Matrix42 acquired the software company FastViewer, specialised in remote access and remote maintenance of computers.
Strong business development in 2020
The cumulative turnover of the portfolio companies increased by around 17 per cent to more than 650 million euros, after a turnover increase of around 17 per cent was already achieved in 2019. Overall, the portfolio recorded a positive value development. The number of employees at the portfolio companies increased by nine percent. EMERAM itself also grew, hiring seven new professionals in the investment team and back office.
The portfolio companies of the funds advised by EMERAM were not able to avoid the economic consequences of the Corona pandemic in the meantime. In many cases, however, business performance recovered, and in some cases, expectations were significantly exceeded over the course of the year. Companies active in the areas of digitalisation and technology recorded a particularly strong business performance.
Takeovers and follow-on acquisitions
Despite the pandemic, the portfolio was again expanded with the acquisition of Tenié and Gores (TuG), one of the leading independent metering and energy service providers for the metering and billing of water and heat for the housing industry. In addition, the portfolio companies were able to implement several follow-up acquisitions and thus expand their international market position in particular. In the process, the companies benefited considerably from EMERAM's know-how and support.
First investment in 2021: Matrix42 expands with FastViewer
In January 2021, Matrix42 announced the acquisition of FastViewer GmbH, a leading provider of remote access, remote support and collaboration solutions. With the acquisition of FastViewer, the Frankfurt-based software manufacturer for digital workspace management complements its offering for edge, IoT computing and cloud management. The aim is to provide customers with even better support in the ongoing remote working trend. Fastviewer was founded in 2006 in Neumark i. d. Oberpfalz, Bavaria, and had been part of the Atos Unfiy Group since 2012.
Positive outlook 2021
Dr Christian Näther, founding partner of EMERAM, says: "We did very well in the Covid year 2020. In the process, we were considerably challenged as a business development partner. The partly excellent results of the portfolio companies confirm that this commitment is paying off." The portfolio companies had benefited from the increased trend towards digitalisation as well as from a shift in consumer spending away from travel towards sports and interiors. For 2021, EMERAM is optimistic with its focus on the consumer, technology/software and services sectors: "Topics such as digitalisation, technology and health will also play a central role this year. After we were able to implement a follow-up acquisition together with our investment Matrix42 at the beginning of the year, we expect further investments in 2021," adds Näther.
ABOUT EMERAM CAPITAL PARTNERS:
EMERAM is one of the leading investment companies for medium-sized companies in the German-speaking region. Funds advised by EMERAM currently provide 400 million euros of capital for the development of companies. The portfolio includes companies from the consumer, technology/software and services sectors.
EMERAM acts as a long-term business development partner for its companies, promoting the sustainable growth (organic and inorganic) of the portfolio companies. Together, the team has successfully closed more than 60 transactions and supported the development of portfolio companies by serving on more than 50 advisory and supervisory boards. EMERAM was founded in 2012 as an independent partnership in Munich.