The amount of the deal, which saw High-Tech Gründerfonds exiting Collinor, was not disclosed.
The medium-term goal of the acquisition is to integrate Collinor’s project management software into godesys’ ERP systems. Following the close of the deal, Collinor will continue to operate under the same name despite being acquired by godesys. Collinor’s solutions will be incorporated into godesys’ portfolio as OEM products and will be presented to current and prospective clients. Sales and administration activities will be based in Mainz.
Launched in 2005 and led by Klaus Röder, Executive Director, Collinor provides an enterprise class project management system solution on both a strategic and operational level integrating process and performance management aspects and featuring portfolio management, resource- and skill management, project templates and comprehensive controlling capabilities. Clients include thyssenkrupp, Siemens and LTS Lohmann.
Founded in 1992 by Godelef Kühl, godesys provides ERP solutions for customer-focused companies to boost the efficiency of their staff and enhance process quality and speed while at the same time reducing costs. The platform, based on open standards, offers industry-specific functionality for more than 650 customers and 35,000 users. The company also has additional offices in Germany, Austria and Switzerland.