Waterland has made an undisclosed investment in Hanse Orga. Based in Hamburg, Germany, Hanse Orga is a software provider.
PRESS RELEASE
Hamburg/Munich, 9th of September, 2016 – Waterland is investing in Hanse Orga. The holding of the owner family Lindemann and Waterland have now signed an agreement to this end. In the years ahead, the family holding and Waterland will furnish the software provider with substantial funds for further growth. Hanse Orga, headquartered in Hamburg, offers corporate customers software solutions and consulting for areas such as payments, liquidity management, working capital management and treasury. With some 1,200 customers, the company is one of the top performers in Germany. As a highlight, 15 of the DAX-30 companies rely on solutions from Hanse Orga for their own use or as a partner software specialist.
“In taking this step, we are laying the foundation for continuing Hanse Orga’s success story,” says Sven Lindemann, chairman of the executive board: “Together with Waterland as our partner, we will have much more weight, enabling us to play an active role in the increasing consolidation of our market. At the same time, we plan to continue our present strategy of expanding our portfolio in the direction of a full-service provider. The fact that Waterland only invests in premium companies confirms the quality of our solutions and the corporate development of Hanse Orga as a whole.” Expansion on an international level is also part of the company’s success story. Only recently, Hanse Orga opened new offices in Hong Kong and Spain.
“Demand for intelligent solutions to increase efficiency is driving growth in the IT sector. Hanse Orga operates in a dynamic segment of the market which is marked by rapid changes in the vendor landscape”, explains Jörg Dreisow, Managing Partner of Waterland and responsible for the DACH region. “Hanse Orga is a leading company with an outstanding platform for a buy-and-build strategy. Together with the family, we will continue to leverage growth opportunities systematically.”
Hanse Orga will pursue two growth paths. On the one hand, it is envisaged to expand the product portfolio along the entire financial supply chain. Hanse Orga is an established software provider for numerous large corporations and mid-sized companies in over fifty countries around the world and has earned their trust as a reliable partner in the highly sensitive areas of finance and treasury. As a full-service provider for all aspects of the financial supply chain, Hanse Orga will be able to offer corporate customers even greater value-added.
Alongside organic growth, acquisitions will also be considered. The second strand is the internationalization with which Hanse Orga will optimize its support for existing international customers and identify new customer groups in additional countries. The US and Asia will become more significant in future.
About Waterland
Waterland is an independent private equity investment group that supports entrepreneurs in realizing their growth ambitions. With substantial financial resources and committed industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), Germany (Munich and Dusseldorf) and Poland (Warsaw), and currently manages € 4 billion of investor commitments.
Since its foundation in 1999 Waterland has consistently achieved top tier investment performance. It ranks as number 2 most consistent performing buyout fund manager worldwide in the 2015 Preqin Consistent Performers in Global Private Equity & Venture Capital Report, September 2015, and as number 3 global private equity firm in the sixth annual HEC/Dow Jones Private Equity Performance Ranking compiled by Prof. Gottschalg of HEC Paris Business School, November 2015.
About Hanse Orga
With over 270 employees in seven locations, Hanse Orga supports approximately 1,200 business customers today. With its FS² Payments solution alone, one of ten of the company’s products, customers process over 1.2 billion transactions with a volume of over 450 billion euros. In addition, the solutions for cash application enable automation ratios of up to 90% in processing payment information.
The company was established in 1984 as a software and consulting enterprise. Hanse Orga pursues a dual product strategy and offers SAP-embedded solutions as well as web-based products which can be linked to different Enterprise Resource Planning (ERP) systems. The solutions cover central segments such as payments, receivables processing, cash management, liquidity planning, treasury, eBAM and working capital management. In 2015 the SAP-embedded software family won the international TMI Award for Innovation & Excellence for “Best ERP Based Software“. Hanse Orga is also active as a consultant in the field of SAP Treasury. In 2015 the company registered sales of altogether some 40 million euros.