Renzenbrink & Partner advises IK Partners on the sale of Quanos Group to Keensight
21 December 2022
Renzenbrink & Partner advised IK Small Cap II Funds (“IK”) on an agreement to sell its stake in Quanos Group to Keensight Capital.
Quanos Group, headquartered in Nuremberg, Germany, is the world’s leading provider of industrial aftersales and digital technical documentation software. It employs a total of approx. 270 employees and has more than 1,000 customers worldwide who rely on Quanos software solutions. Quanos’ broad software product portfolio is primarily focused on OEM manufacturers and operators. In this context, Quanos serves a broad customer base that includes global champions to small and medium-sized enterprises. Quanos has recently launched its next-generation cloud platform (InfoTwin), bringing together the power of content and service solutions in one place. The integrated, modular software solutions enable customers to take a 360° view on their products to optimise service processes and efficiency, offer new service models and ultimately to increase customer satisfaction.
IK invested in Quanos Group in November 2018. IK-led M&A activity resulted in the combination of three leading separate software companies to create a market-leading platform for intelligent information software and technology solutions. Renzenbrink & Partner had advised IK on all of these transactions, i.e. from its entry as Quanos-shareholder in November 2018 and on the add-on acquisitions in 2019 and 2020.