Maguar Invests in HR Tech and Workflow Management Software provider Ingentis
Software investor Maguar has agreed to enter into a partnership with the founders and to acquire a majority stake in Ingentis Softwareentwicklung GmbH, a leading provider of HR Tech and Workflow Management Software, focusing on organizational visualization and analytics, for an undisclosed amount. The investment is conducted through its Maguar I Fund.
Thomas Eichinger and Michael Grimm, Co-Founders of Ingentis, said: “We are very happy to partner with the Maguar team, a partnership that will help us to further expand our global footprint and add value to the way we serve our customers.” Jürgen Kreppner and Wolfgang Schuller concluded: “The decision to partner with Maguar has been a very deliberate one. Maguar’s in-depth software expertise and their entrepreneurial approach make them the perfect partner for us at Ingentis.”
Ingentis, founded in 1997 by Thomas Eichinger, Michael Grimm, Jürgen Kreppner, and Wolfgang Schuller provides HR Tech and Workflow Management Software solutions to over 2,000 customers across more than 100 countries worldwide, from its headquarters in Nuremberg, Germany and its US subsidiary Ingentis Inc. located in Petaluma, CA. The Company’s flagship product “org.manager” is the leading org charting solution in the DACH region, supporting a highly loyal customer base in visualizing, analyzing, and structuring their organizations. In addition, Ingentis’ “orginio” product provides a simple-to-use org charting solution to SMEs, while its “Kanzlei Suite” is designed to digitalize and manage organizational and administrative workflows within auditing firms and tax consultant offices.
Announcement: Maguar invests in HR Tech and Workflow Management Software provider Ingentis