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KPMG Deals advised the shareholders of Mansystems on the investment by Volpi Capital in the company

KPMG Deals advised shareholders of Mansystems

We are delighted to announce that KPMG Deals acted as the exclusive financial advisor to the shareholders of Mansystems (the “Company”), the largest Mendix Expert Partner for implementation, training, and support, on the investment by Volpi Capital in excess of EUR 20m in the company.

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About the deal

20 August 2019, the shareholders of Mansystems have successfully sold their shares to Volpi Capital, a European specialist lower mid-market private equity investor.

Mansystems, founded in 1996, has firmly established itself as a leading player in the low-code application market. The company’s Mendix business has experienced rapid growth in recent years, and the company now employs 120 staff across 5 offices in the Netherlands and Germany. Through its Mendix ‘Expert Partner’ status, Mendix’s ownership by Siemens and their strategic partnerships with SAP and IBM, the company works with a wide range of large enterprise clients, across multiple sectors, helping them leverage the opportunities provided by digitisation, cloud computing and enterprise applications. 

Volpi has a thesis-driven approach targeting ambitious businesses using enabling technologies to disrupt traditional B2B value chains. The firm has a strong track record of working with its portfolio companies as they expand internationally through buy-and-build led strategies.

The investment by Volpi will accelerate Mansystems’ domestic growth and international expansion into new markets, as well as creating a greater emphasis on cloud-native technologies.

Role of KPMG

KPMG Deals has provided exclusive and full scope M&A advisory services to the shareholders of Mansystems. KPMG has been involved throughout the entire process, advising the shareholders and the Company towards the successful completion of the transaction with Volpi Capital.

Leading M&A Advisor

KPMG Deals consistently ranks as the leading M&A adviser, according to the Mergermarket transaction volume league tables, both globally and in the Netherlands. KPMG firms operate globally in 84 countries with over 8,300 Deals professionals who are able to meet the needs of clients across the globe. KPMG Deals completed 400 deals globally in 2018 cementing its number 1 global position.

M&A Team

  • Mark Zuidema, partner, +31 20 656 8276 or by email.
  • Tijn Bastiaans, director, +31 20 656 2460 or by email.
  • Simon Doedens, manager, +31 20 656 4413 or by email.
  • Annabelle Truijen, executive, +31 20 656 7229 or by email.
  • Jeffrey Vossen, executive, +31 20 656 7630 or by email.

© 2021 KPMG N.V., a Dutch limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

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