Kendox AG today announced that it has completed the acquisition of DM Dokumenten Management GmbH (DM) and their “lobo” product portfolio to accelerate its market expansion. DM is a Puchheim/Germany-based provider of Document and Worflow Management solutions serving a long list of governmental and business clients in Germany and Switzerland. Kendox, with their scalable cloud service platform is an excellent partner to build a combined portfolio of leading digitalization solutions for business of all kinds.
Quote Manfred Terzer: “The “LOBO” product line of DM complements the solutions portfolio of Kendox in an almost perfect way. While Kendox focuses on cloud service providing, DM contributes broad active document management and workflow competence.”
Quote Lars van ‘t Hoenderdaal: ”This is what we really like: supporting management with our flexible financing solutions to combine organic growth and simultaneously do smart acquisitions. This acquisition will accelerate the opportunities of Kendox in the dynamically growing market for document management and process automation in the DACH market and beyond.”
About Kendox AG
More than 18 years ago a group of DMS (Document Management Software) professionals formed Kendox, headquartered in Eastern Switzerland and with offices in Germany and Austria, is as software and services company specialized on digital solutions for office and business administration. Beginning as early as 2017, Kendox has set up flexible and transparent cloud solutions, serving some 100 customers in November 2022. Kendox InfoShare is a leading-edge software platform for document management, legally-compliant archiving, digital signing features, inbound document capture and analysis, purchase-to-pay and process automation solutions. Kendox runs a virtual data center with locations in Germany and Switzerland. Thanks to Kendox's new Microsoft 365 Power Platform integration, Kendox Clients can seamlessly combine Power Automate or Power Apps with Kendox InfoShare.
About DM Dokumenten Management GmbH
DM Dokumenten Managmement’s product portfolio includes a DMS solution capable of managing over 30 TB of documents, a focus application for business consulting firms and a fully-fledged workflow solution for visualizing business processes. Customers primarily operate in the auditing and law segments and in selected other verticals. The company managed to establish a strong presence in the Serbian banking industry as well as the Swiss governmental sector.
About Pride Capital Partners
Pride Capital Partners invests into growing companies in Software and IT services. By combining private debt and equity, Pride Capital Partners enables entrepreneurs to realize growth ambitions with a flexible capital solution. Typical scenarios include growth, acquisitions, and management buyout transactions. The focus is on companies in the Benelux, DACH region and Nordics. Pride Capital Partners has offices in Amsterdam, Cologne, Frankfurt and per 2023 also in Copenhagen.
Pride Capital Partners' resources have been made available by shareholders, institutional investors, wealthy individuals, family offices and (former)entrepreneurs. The current portfolio includes Benelux companies Blue Field Agency, Spotzer Digital, Fivespark, Fairbanks, Netaxis, ScanmarQED, Archipel, Matrixian and Dileoz, as well as DACH companies Wagawin, GBC Gruppe, Architrave, Kendox, moveXM, eKomi, Talentsconnect and Link11.