Kendox strengthens its presence in Austria through the strategic acquisition of coorum

Pride Capital Partners supports Kendox on its acquisition of coorum informationstechnologie gmbh (“coorum”), expanding their presence in Austria.

Coorum, based in Vienna, Austria, is a strong provider of solutions for the digitalization of document-based business processes and a long-standing partner of Kendox. With innovative software products such as iFine and iOCR, the company enables efficient and automated processing of incoming documents as well as the digitalization of approval workflows.

Managing Director of the Kendox, Manfred Terzer: “The acquisition of coorum is an important step towards further strengthening our presence in Austria. The solutions from coorum complement Kendox's existing portfolio almost perfectly. This makes it possible to offer customers even more comprehensive solutions for the digitalization of their business processes.”

Head of DACH at Pride Capital Partners, Philipp Urbach: "This acquisition is a perfect demonstration of how we at Pride Capital enable organic growth by smart and strategic acquisitions. This acquisition will expand Kendox's opportunities in the dynamically growing market for document management and process automation in Austria and beyond."

About Kendox

Kendox is a Swiss provider of secure document management (DMS) and process automation that enables its customers to archive and manage documents and clearly define workflows to automate administrative processes. With over 1,500 customers from various industries, Kendox helps companies digitize their processes while ensuring GDPR-compliant archiving. Since 2017, Kendox has also been offering its solutions in a flexible and secure cloud environment, taking a pioneering role in modern DMS solutions.