enventa Group, a business software provider of ERP, BI, treasury management, and bookkeeping solutions, announces the acquisition of Softbauware Group, consisting of Softbauware GmbH and GESYS GmbH & Co. KG. The acquisition marks an important step in enventa Group’s mission to create an integrated suite of business software, offering their customers an even more comprehensive set of solutions. The group expands its footprint within the industry-specific construction trade sector, thereby taking an important step in further establishing itself as a wholistic ERP vendor for industry-specific verticals in the German-speaking SME market.
Founded in 1993 in Langen, Germany, Softbauware specializes in industry-specific ERP solutions tailored to the concrete, building materials, brick, and prefabricated construction sectors. Softbauware’s reach sits adjacent to enventa’s existing vertical focus, making this acquisition a logical next step in enventa’s buy-and-build strategy within the core ERP market.
With the addition of Softbauware, enventa Group significantly expands its vertical focus, thereby providing a beneficial extension of its reach while offering strong cross- and up-sell potential. With its sticky and loyal customer base, Softbauware has developed itself as a market-leading player in its respective verticals over the years. Furthermore, the company has proven to continuously expand its vertical coverage over the past years, with brick manufacturing and prefabricated building industries as examples. The combined group of Softbauware and enventa currently generates more than EUR 40m in annual revenue.