Financial news

DGAP-Adhoc: Nemetschek SE strengthens competence in building operations (english)

11/01/2019 - 13:00


    Nemetschek SE strengthens competence in building operations

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DGAP-Ad-hoc: Nemetschek SE / Key word(s): Acquisition/Takeover
Nemetschek SE strengthens competence in building operations

11-Jan-2019 / 13:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc report

Nemetschek SE strengthens competence in building operations

- Nemetschek brand MCS Solutions acquires 100% of Axxerion, a specialist in
subscription solutions for digital building management

- Axxerion products, technologies, geographical presence, and types of
customers are a strong complement to MCS

- Together, MCS and Axxerion will offer a complete solution for property
management, IWMS, and smart buildings in a SaaS model


Munich, January 11, 2019 - Software provider Nemetschek SE (ISIN 0006452907)
reached an agreement today with the shareholders of Axxerion Group B.V. that
Nemetschek's Belgian brand MCS Solutions (operating under the name Faseas
International NV) will acquire 100% of the Dutch subscription provider.
Axxerion offers workflow-based cloud solutions for facility and property &
real estate management. With its highly flexible solutions, Axxerion has
built a strong position in the dynamically growing building operations
market, which is currently worth more than EUR 20 billion.

With a workforce of nearly 100 people, Axxerion delivers its software to
nearly 2,000 international customers across many industry sectors. Key
customers include VodafoneZiggo, two of the Big 4 auditing firms, and one of
the largest financial institutions in the Netherlands. The company has three
different locations in the Netherlands and markets its portfolio through
indirect sales channels in Belgium, Germany, and the US.

Pure subscription provider in the building operations market

Axxerion's management information system for facility and property
automation is offered as a pure subscription model. Its workflow-based
character makes it a great fit for SMEs and larger organizations, including
insurers, hospitals, care institutions, and governments.

With the acquisition, the Nemetschek Group further strengthens its
competencies in strategic, high-growth building management segments:

- Commercial real estate management where Nemetschek already has a leading
position in the German market via its brand CREM Solutions. Now, with the
acquisition of Axxerion, the Group is increasing its property management
competencies and footprint globally.

- The market for Integrated Workplace Management System (IWMS), where
Axxerion's workflow-based cloud software significantly expands MCS's
IoT-enabled IWMS portfolio. This will make it possible for Nemetschek to
address new customer segments, accelerate growth, and enlarge its SaaS
footprint.

- Smart buildings, a growth market driven by innovation, where the Group is
globally active through its COBUNDU brand. Smart buildings leverage
real-time data and analytics to make workflows more dynamic.

By investing in building management software, building owners can achieve
significant cost benefits, simplify operations and maintenance, and
considerably increase building productivity and efficiency.

Axxerion is a fast-growing, highly profitable company that anticipates
revenues of just over EUR 12 million for the year 2018. The purchase price
for 100% of the shares amounts to some EUR 75 million (cash-free debt-free).
The transaction is expected to be completed in January 2019.


Contact:
Stefanie Zimmermann
VP Investor Relations & Corporate Communication
NEMETSCHEK SE
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 540459-250
M: +49 175 7211197


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11-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English
   Company:     Nemetschek SE
                Konrad-Zuse-Platz 1
                81829 München
                Germany
   Phone:       +49 (0)89 540459-0
   Fax:         +49 (0)89 540459-444
   E-mail:      investorrelations@nemetschek.com
   Internet:    www.nemetschek.com
   ISIN:        DE0006452907
   WKN:         645290
   Indices:     MDAX, TecDAX
   Listed:      Regulated Market in Berlin, Frankfurt (Prime Standard);
                Regulated Unofficial Market in Dusseldorf, Hamburg,
                Hanover, Munich, Stuttgart, Tradegate Exchange



   End of Announcement    DGAP News Service
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765273 11-Jan-2019 CET/CEST

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