Directorbank

Congratulations to HANNOVER Finanz on the sale of software business Corporate Planning AG to proALPHA, an ERP software provider for medium-sized companies in the German market. 

The exit marks the end of a successful 4-year investment for HANNOVER Finanz who backed the MBI of the enterprise software specialist in 2017.

Throughout the investment period, Corporate Planning AG has gone from strength to strength, improving its internal structures, processes and systems, building its cloud capability, expanding its direct and indirect sales channels, and pursuing a clear inorganic growth strategy. Notably, it acquired Berlin-based reporting specialist Hi Chart in 2020.

Directorbank is pleased to have played a part in this success story by placing Jürgen Brand as Chairman of the Supervisory Board at Corporate Planning at the time of the original investment. Jürgen is a deeply experienced individual having been through a similar journey in his former role at proALPHA. He was instrumental in appointing a strong CEO for the business early on whom he then worked closely with as sparring partner throughout the whole growth journey. 

Founded in Hamburg in 1989, Corporate Planning AG is a leading provider of corporate performance management (CPM) software to mid-cap businesses in the German-speaking markets, with a specific focus on operational planning, integrated financial and success planning products. In addition to its headquarters in Hamburg, the business operates nine other locations in Germany, Switzerland and Austria, as well as having representation in the UK and the Netherlands.

For more information, please contact:

Dorothea Kronenberghs
Executive Director Europe

T: +49 69 719 18 29 0
E. d.kronenberghs@directorbank.com
Directorbank.com

Directorbank Germany is recruiting …

To further strengthen our team in Germany, we are looking to hire two key roles. Both positions will be based in our Frankfurt office.

1. Researcher
2. Working Student

Please click on the above links to access full job descriptions.

Directorbank offers the opportunity to work in a professional and collegiate environment, as well as providing the opportunity to work directly with the Private Equity community. You will also have chance to develop your candidate and client-facing skills and work closely with our Consultants and Directors who will ensure you receive first class training. Ultimately, you will have the opportunity to develop your career within the research function or into a fee-earning Consultant position.

Congratulations to CBPE Capital on the sale of Xceptor to Astorg Partners, a deal that delivered an impressive 10.8x return on CBPE’s original investment and an IRR of 89%.

Directorbank is proud to have played a role in this success story by placing Ivan Martin as Chair of Xceptor in 2016 when SVG initially invested in the business. CBPE invested in 2017.

Ivan quotes: “Directorbank played a big part in my appointment as Chairman of Xceptor and their early introduction to the deal enabled me to fully understand the business and the opportunity ahead of any transaction. It has been a privilege to work with CBPE, Andrew Kouloumbrides and the team for the last few years. Xceptor is a fabulous business and I wish the entire team every success on the next stage of their growth journey with Astorg.”  

Xceptor is a global leader in the end-to-end, no-code process automation market. Under Ivan and CBPE’s stewardship, it has been significantly scaled to develop a genuine best-in-class software vendor. Headcount has increased over fourfold with a particular focus on broadening the product development and sales capability while also building a truly international business with operations in Europe, North America and Asia. 

Directorbank & All Together announce partnership to support business owners & CEOs in the UK:

Launched in response to the Coronavirus pandemic, All Together is a free advisory service designed to support the CEOs of small and medium enterprises.

Powered by over 70 Volunteer Advisors – all current or former CEOs themselves, All Together offers up to 5 hours of advice, pro bono. Advisors include the founders of innocent and DesignMyNight, the former CEOs of Claire’s and Rated People, and the current CEOs of Mindful Chef and Rare Restaurants.

Directorbank has a long tradition of supporting their clients and the wider business community. As well as introducing All Together to valued members of our network, we will also be working with All Together on content and events to support their community of CEOs.

Directorbank’s George Heppenstall comments:

“Many business owners and leaders at the smaller end of the SME spectrum don’t have a strong support network of experienced mentors or Board members to help them push through the challenges and sound out ideas. This is where All Together can add tremendous value – by connecting them to an incredibly experienced sector expert who is willing to give them their time and knowledge.”

Jamie Mitchell, Founder of All Together, follows:

“All Together was founded on the power of the collective – not just to survive this epidemic, but to thrive beyond. We’re delighted to welcome the team and friends of Directorbank to our community.”

For more information – including details of All Together’s Volunteer Advisors – please visit:
www.alltogether.company

Alternatively email:
support@alltogether.company