MAIT Group
- Sector Services and Software
- Year invested 2021
- Location Germany
- Status Current
MAIT Group is a leading provider of innovative and pioneering digital solutions in the DACH region.
Visit mait.de
Overview
Headquartered in Rottweil, Germany, the company focuses on software and hardware in product lifecycle management, enterprise resource planning and IT services, generating c.€200m in sales per annum. The business develops and implements solutions in close cooperation with their over 7,000 mid-market customers. As a strategic implementation partner, MAIT uses the most innovative technologies from market-leading PLM, ERP and IT providers such as Siemens, PTC, abas, Comarch and HPE.
The company differentiates itself by looking at digitisation in a holistic way and developing tailored solutions in partnership with its customers. MAIT also has a high level of recurring revenues driven by multi-year maintenance and IT infrastructure contracts.
How we add value
We are supporting the company to grow in an attractive market which is expected to continue to grow considerably as medium-sized companies in particular are investing significantly in digital transformation in order to make their processes more efficient and effective.
Since our investment, we have supported MAIT in making two acquisitions, Cad n'Org and ISAP, which complement its existing digital solutions offering in product lifecycle management. The company has a strong M&A track record and we will continue to support MAIT in consolidating the market.
We have also introduced Kamy Niroumand, former Chief Sales Officer at T-Systems and current Chair of HR management software provider P&I, as Chair.
3i has been a great partner for MAIT’s growth, particularly in supporting our M&A strategy. 3i has a strong track record in the IT services sector and heritage in the DACH region. In addition, the 3i team has an impressive international network which has been very valuable to MAIT.
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.