Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, is pleased to announce the acquisition of German-based company, immo-portal-services GmbH (‘immo-office’). This underscores the company’s commitment to the DACH market following the recent acquisition of Swiss automated testing software provider, Element 34.
Founded in 2009, immo-office offers innovative software solutions that digitize processes within the German housing sector, with a core focus on niche housing associations. The company’s software seamlessly integrates into the ERP systems of its customers and automates over 2,000 core operational processes daily, making it a crucial enabler of digital transformation in the sector.
The acquisition was led by Banyan’s German-speaking team; Graham Carney (UK & European M&A Director) and Julian Mick (DACH Corporate Development Director).
They will be joined by Kay-Ingo Greve, who recently joined Banyan as an Operating Partner in Germany, and who will collaborate closely with the immo-office team, leveraging his prior CEO and Board-level experience across numerous SaaS and other technology companies.
About immo-portal-services GmbH. Founded in 2009, immo-office has been at the forefront of digitising the housing and real estate industry for over a decade. We stand as trusted partners to housing companies, prioritising seamless integration with existing IT systems, extensive industry knowledge, and a commitment to tailor-made solutions. For more information, visit immo-office.net
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.
