Munich/ Sindelfingen — Financial investor Marondo Capital has acquired founder Peter Hartmann’s majority stake in SPH AG, a leading specialist in digitalization and ERP solutions for the fashion industry in Germany. OMMAX advised Marondo Capital on the acquisition of SPH AG. SPH AG has grown continuously and profitably over the last few years, offering the leading and holistic service portfolio (IN: OMNICHANNEL and IN:FASHION), the MS Dynamics ERP solution in the fashion industry.
SPH AG, headquartered in Sindelfingen, Germany, is an IT and consulting company that has been a force in digitization and ERP solutions for the fashion, sports and lifestyle industries since 1975. The company offers manufacturers and retailers an innovative software solution based on Microsoft Dynamics 365.
OMMAX advised Marondo on commercial due diligence, analyzing SPH’s business model, market dynamics, commercial performance compared to key competitors, as well as its business plan and further value creation potential.
Dr. Stefan Elßer, Founding Partner of Marondo Capital GmbH, emphasizes: “The steady growth of the company and the proven management have convinced us to continue on the chosen growth path in the future. The deep understanding of the fashion industry, the Microsoft Dynamics 365 expertise, coupled with the innovative approaches, underline the optimal conditions to become the market leader in Europe.”
Isabella Calderon Hoyos, Partner at OMMAX, commented, “It was a pleasure to work with Marondo and SPH AG management during the commercial due diligence process.”
About Marondo Capital
Marondo is an innovative investment company for fast-growing, technology-focused, next-generation SMEs in DACH in classic German engineering disciplines, such as the industrial sectors of medical technology, healthcare technologies, software & IT, environmental technologies, new materials, and Industry 4.0. In addition to substantial expansion capital, Marondo offers liquidity solutions for existing shareholders. https://www.marondo.com
About OMMAX