Vienna/Klagenfurt am Wörthersee/Zurich (OTS) – PALLAS CAPITAL Company Options advises the shareholders of Alturos AG on the sale of 100% of the shares to the Spanish Juniper Group, a bunch of firms owned by Vela Software program and Constellation Software program Inc. (TSX:CSU), listed on the Canadian Inventory Change. The main target of the takeover is enlargement into new markets and enlargement of the services supplied.
Alturos AG, primarily based in Switzerland and its subsidiaries Alturos Locations AG, Alturos Locations GmbH, Alturos Vacation spot SAS, Swiss Reserving AG and Zilltertal Reserving GmbH in Switzerland, Austria and France, is energetic within the space of software program growth for the tourism trade. With its specifically developed software program merchandise, Alturos has developed Europe as its core market. The providers embody the supply of e-commerce options with on-line reserving choices, evaluations of buyer knowledge and the digitization of finish buyer experiences in addition to the supply of business-to-consumer marketplaces. The shopper teams embody tourism associations, cable automobile firms in ski areas or railways.
“Skiline”, the biggest snowboarding neighborhood on this planet, has already impressed tens of millions of customers and, with the “Locations OS” platform, provides prospects an revolutionary answer for digitalization. With over 120 staff, the Alturos Group has been in a position to efficiently set up itself internationally within the journey tech trade because it was based in 2002.
The customer of 100% of the shares in Alturos is the Juniper Group, a portfolio of Vela Software program, one of many six working teams of Constellation Software program Inc. Constellation, which is listed on the TSX, has already acquired over 900 firms worldwide, making it a market-leading supplier for Software program and providers in quite a lot of industries. The Juniper Group, primarily based in Palma de Mallorca, which specializes within the tourism sector, amongst different issues, depends on the long-term holding of investments with the “Purchase and Maintain” mannequin. The main target is on supporting sustainable progress, making an allowance for the enterprise mannequin and the id of the subsidiaries.
Zitat Michael Saringer & Gilberto Loacker: “We have now been in search of a strategic companion for a number of years and are proud to have discovered a companion in Juniper Group to help our future progress. Becoming a member of Constellation Software program’s largest portfolio within the tourism trade permits us to seek out synergies with different worldwide journey tech firms and improve our capabilities and B2B gross sales on a worldwide scale. In our seek for a strategic companion, we obtained glorious help from PALLAS CAPITAL, particularly from the execution workforce Hanna Spolwind and Maximilian Baar-Baarenfels.”
Because of the current investments within the journey tech sector throughout the Juniper Group, Alturos sees nice synergy potential to proceed its progress path and intentional enlargement. The previous house owners Gilberto Loacker and Michael Saringer will proceed to be out there to the corporate sooner or later to advertise additional growth.
This transaction was largely dealt with by Managing Companions Maximilian Baar-Baarenfels and Hans Lassen in addition to Hanna Spolwind (Affiliate Execution) and Markus Wulz (Affiliate Enterprise Growth). On the authorized facet, the transaction workforce from Wenger Vieli AG was expanded below the management of Beat Speck and Fabienne Nufer.
Managed by Hans Lassen and Maximilian Baar-Baarenfels, PALLAS CAPITAL Company Options GmbH is a part of the PALLAS CAPITAL Group AG, which, below the management of Florian Koschat and Helmut Kogler, holds strategic investments in medium-sized firms and promotes sustainable progress.
Questions & Contact:
PALLAS CAPITAL Company Options GmbH
Maximilian Baar-Baarenfels
Managing Director
+43 676 5151003
bar-barenfels@pallascapital-cs.com
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