honert advises Main Capital Partners on the acquisition of the recruitment specialist concludis
honert advised the HR software provider Perbility, which is supported by Main Capital Partners („Main“), on the acquisition of concludis, a German market leader in recruitment software. The acquisition strengthens Perbility’s HR suite and enables concludis’ clients to benefit from Perbility’s extended product range.
PRESS RELEASE
Munich, 12 April 2022
Founded in 2009 and headquartered in Bamberg, Perbility is a leading cloud-based provider of modern HR-software in the German-speaking countries. The software’s modular and integrated design offers flexible, comprehensive and intuitive solutions for customers looking to digitize their HR workflows.
The HR Suite covers a wide range of HR core functions (e.g., personnel data administration or time management), but also addresses all topics related to modern personnel and talent management, including fully integrated e-learning modules. The recruitment software market is also of great importance with the existing recruiting and onboarding solutions as well as training management modules.
Perbility currently serves a well-diversified client base and has a particularly strong market position in the German Cooperative Banks ecosystem, savings banks, as well as municipalities and other governmental institutions.
concludis, Perbility’s first add-on
Strengthening the recruitment offering, concludis is a logical addition to the Perbility Group. The company’s applicant tracking system is tailored to the needs of mid- and larger sized companies. Concludis has a strong market position in the DACH-region and benefits from long-lasting customer relationships across a diverse set of industries with a particularly strong foothold in blue-collar and (semi) public sectors. References include EDEKA, C&A, Bitburger and Teekanne. By joining forces with Perbility, concludis’ customers will benefit from an integrated HR-suite offering – among others – complementary software modules in talent management, employee onboarding and personnel development.
Andreas Meck, CEO of Perbility: “The merger of concludis and Perbility gives us great joy and represents a milestone in our history. Together with our colleagues from concludis, we are pleased to be able to create added value for both customer groups: through the merger, concludis customers will gain access to further subsequent HR-areas such as onboarding or training management – all integrated into a scalable suite. Perbility customers will benefit from the in-depth recruiting know-how and rich functionality of the concludis solution, which will be successively anchored in all recruiting solutions of the Perbility Group.”
Main Capital Partners partnered with Perbility in December 2020. “We are delighted to support Perbility during this next step of its growth journey. The strategic combination with concludis will result in ample growth opportunities for both companies and improve the joint value proposition to customers”, says Sven van Berge Henegouwen, Partner and Head of DACH-activities at Main.
The HR challenges of Organizations
Many HR managers and executives struggle managing their employee base in an efficient and centralized manner as well as recruiting new staff to grow the organization further. Moreover, the increasing number of remote workplaces further complicates these tasks. The resulting complexity forces more and more companies to invest in the standardization and automation of their HR processes. By combining the strengths of Perbility and concludis the combined firm is well-positioned to solve these challenges for its customers by enhancing customers’ recruitment and HR management capabilities.
Looking forward, Main Capital Partners will continue to actively support Perbility and its CEO and founder Andreas Meck in maintaining its strong growth momentum by further expanding into adjacent customer segments and extending the value proposition for its customers. Besides organic growth initiatives, strategic add-on acquisitions will continue to be an important pillar of the growth strategy to complement the innovative product and services portfolio, further broadening the geographical footprint as well as consolidating the market position.
About Perbility
Perbility is a leading, cloud-based provider of modern HR software solutions in the German-speaking region. The award-winning software solutions are used by more than 1.000 companies nationwide. HELIX is the tool of choice to facilitate the daily challenges of HR managers through the use of innovative concepts for modern personnel management. Under the motto “HR and digitization grow together”, Perbility consistently interprets their own role not only as a software implementer, but also attach great importance to professional expertise in the areas of HR and digitization. Next to the core HELIX platform, Perbility also provides a wide range of features in recruiting, employee feedback systems, as well as e-learning, all under one roof and fully integrated as one modern suite. The company was founded in 2009 and employs approx. 100 persons and is headquartered in Bamberg, Germany.
About concludis
concludis, founded in 1997, provides a complete ATS system in the German-speaking region and has about 20 employees. Concludis has built up an impressive customer base across a variety of industries with particular focus on retail, healthcare and the manufacturing sector. More than 250 companies use concludis for their application management, while over 7.5 million applications have been processed since the company was founded.
About Main Capital Partners
Main Capital Partners is a leading software investor in the Benelux, DACH and the Nordics. Main has 20 years of experience in strengthening software companies and works closely together with management teams of its portfolio companies as a strategic partner, in order to realise sustainable growth and build excellent software groups. Main counts over 45 employees and has offices in The Hague, Stockholm and Düsseldorf. As of October 2021, Main has over EUR 2.2 billion of assets under management. Main has invested in more than 130 software companies to date. These companies have created jobs for approximately 4,000 employees.
Advisors Main Capital Partners:
honert (Munich): Dr. Thomas Grädler, Patrick Spalek, Andrea Hötzel (each corporate law, M&A – transaction consultancy and due diligence), Dr. Simon Busch (tax), Nicole Bühler, Veronika Wetlitzky, Martina Baumert (each corporate law, M&A – due diligence)
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For more information please contact
Nicole Bühler
honert munich
Attorney-at-Law
Corporate, Business Law, M&A
phone | +49 (89) 388 381 0 |
[email protected] |
Dr. Simon Busch, LL.M.
honert munich
Tax Advisor
Tax, International Taxation, Succession Planning
phone | +49 (89) 388 381 0 |
[email protected] |
Dr. Thomas Grädler, LL.M. (Birmingham)
honert munich
Partner, Attorney-at-Law, Tax Advisor, Tax Lawyer
Tax, Corporate, International Taxation, Business Law, Succession Planning, M&A
phone | +49 (89) 388 381 0 |
[email protected] |
Patrick Spalek
honert munich
Partner, Attorney-at-Law
Corporate, Business Law, M&A
phone | +49 (89) 388 381 0 |
[email protected] |