CODEX Partners advised Warburg Pincus and its portfolio company Infoniqa, a fast-growing provider of HR software and payroll services, on the acquisition of Sage Schweiz AG (“Sage Switzerland”), one of the leading HCM & ERP software vendors in the Swiss market.
Warburg Pincus acquired Austria-based Infoniqa, one of the fastest growing HR software companies in the DACH region, in September 2020. The acquisition of SAGE Switzerland further expands its presence in Switzerland, nearly doubling annual revenues to EUR 60m and increasing the number of employees to a total of 410.
The acquisition especially strengthens Infoniqa’s positioning in the strategically important segment of small and medium-sized enterprises. Its product portfolio will be broadened to include ERP solutions, financial management software as well as payroll and HCM solutions tailored to local Swiss requirements. These products are highly compatible with Infoniqa’s offering, resulting in excellent synergy potential.
CODEX Partners provided the commercial due diligence of Sage Switzerland for Infoniqa.
CODEX Partners advises investors on commercial and vendor due diligence, on strategy development, cost optimization, and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experiences from over 500 projects.
