FORUM Family Office takes over 90% of SoftDeCC GroupFORUM Family Office takes over 90% of SoftDeCC Group

FORUM Family Office takes over 90% of SoftDeCC Group

July 1, 2022
FORUM Family Office takes over 90% of SoftDeCC Group

Vero Project S.p.A. ("Vero Project"), a company of the FORUM Family Office ("FORUM") Group, has acquired a majority stake in Syscam S.r.l. ("Syscam"), based in Florence, Italy. Founded in 1993 by Paolo Collini and Riccardo Alberighi, Syscam has 6 employees and a turnover of around € 2 million.

The company is a reseller ("VAR") of AD-CAM software. Its main product is "VISI", software from the Swedish company Hexagon AB. Vero Project is the largest VAR of VISI in Italy, Syscam is number 2: together, the tandem is the market leader in software for mold makers. Syscam serves around 200 customers in central Italy, with a regional focus on Tuscany and Umbria.

Syscam is FORUM's third investment in Italy and strengthens its commitment in our country. It is the fifth investment this year in the European software market.

As always, the investment ensures continuity: the management, the employees, the location and the successful partnership with Hexagon will be retained and further expanded. In addition, Vero Project will support Syscam with its network and expertise in the long-term growth of the company and in strengthening the product offering by up-selling other software products to existing customers.

Transaction message
FORUM Family Office takes over 90% of SoftDeCC Group

FORUM Family Office ("FORUM") has acquired 90% of the shares of the SoftDeCC Group based in Munich ("SoftDeCC") through its industry holding FORUM Software Mittelstandsholding SE.

Since its foundation in 1998 by Georg Nüssel, Jost Richstein and Ralf Malis, the company has developed into a leading company in the field of learning management software ("LMS"). Reference customers include Siemens and Deutsche Bahn. In 2021, SoftDeCC achieved a turnover of approximately EUR 3.4 million with 26 employees.

The core product of SoftDeCC is the TC Manager, which has also been offered as a browser-based LMS solution since 2018. The learning history module enables companies from sectors with high regulatory requirements, such as chemicals/pharmaceuticals or medical technology, to digitally fulfil their compliance requirements for the documentation of training and employee certifications. The TC Manager is complemented by modules for e-learning and e-testing.

As always, FORUM's continuation concept provides for a continuation of the company's strategy in all essential aspects; in particular, all founders, staff and location will be retained. FORUM will encourage the team to further round off its product range and strengthen itself in marketing/sales. With this partnership, SoftDeCC will remain a future-proof and innovative partner for learning management software for its customers. Georg Nüssel comments:

"With FORUM we have found a stable partner that offers SoftDeCC excellent growth opportunities through its sales and organisational know-how, its outstanding network and its financial possibilities. The FORUM Group's medium-sized orientation towards continuity, reliability and long-term growth coincide perfectly with SoftDeCC's values."

FORUM Family Office invests the assets of a Munich family in medium-sized companies. FORUM's principles in the field of family equity for succession solutions are: permanent - decentralised - entrepreneurial. This means that your family business remains a family business . This approach has already persuaded over 22 entrepreneurs to entrust FORUM with their life's work and over 1,000 employees.

Company succession at Forum Family Office

FORUM Family Equity offers family businesses individual succession solutions that ensure the long-term success and identity of the company. As a family equity investor, FORUM focuses on sustainability, employee development and cooperation based on trust. In contrast to corporations and private equity funds that aim for quick profits, FORUM builds long-term partnerships and protects the value of the company. Find out how FORUM supports your company in successfully continuing your life's work.

COMPANY SUCCESSION with FORUM FAMILY OFFICE
Forum Family Office sign of the entrance in Munich