Deal announcement

goetzpartners advised CSS AG

09. décembre 2022

goetzpartners advised CSS AG on the acquisition of evidanza AG

goetzpartners advised CSS AG, a portfolio company of Carlyle Europe Technology Partners ("Carlyle"), on the acquisition of evidanza AG, a leading software provider for integrated business intelligence, business planning, and middleware solutions.

As part of its ongoing mission to build a leading integrated business software platform and comprehensive offering for the Office of the CFO, CSS AG has announced the successful acquisition of evidanza AG. This transaction will extend the accounting, controlling and human resources software product offering of CSS AG through the integration of evidanza's business intelligence and business planning expertise. In addition to their complementary product portfolio, both companies will mutually strengthen each other's respective go-to-market strategies and competencies.

goetzpartners acted as sole and exclusive M&A buy-side advisor to CSS AG. This transaction demonstrates our ability to achieve outperforming results for our clients and underscores goetzpartners' expertise in advising technology businesses.

About CSS AG
Founded in 1984, CSS AG is one of the leading providers of business software in the DACH region. CSS offers businesses a fully integrated suite of accounting, controlling, and human resources software solutions. The CSS solution portfolio is industry-agnostic and serves c. 3,000 customers. In 2021, Carlyle invested in the expansion plans of CSS AG.

About evidanza AG
evidanza AG is a leading German software provider of business intelligence, business planning, and middleware solutions to a broad cross-sector customer base ranging from mid-market to enterprise. With its innovative and sustainable software solutions, evidanza enables the optimisation of business models and the digitalisation of controlling and management processes.

Transaction Team

Dr. Herbert Werle
Managing Director

Adelin Trusculescu

David Dörsam

Patrick Durner