Frankfurt/M., 01. February 2024. European software group Everfield has acquired the Austrian “FENZ-Software GmbH” (www.necta-group.de). Under its brand “necta“, FENZ develops modern SaaS inventory management software for foodservice providers. The client base includes gastronomy and catering providers alongside care facilities, hospitals and other food producers. With this first acquisition in Austria, Everfield further strengthens its presence in the German-speaking region. Everfield will support FENZ in driving its current growth strategy.
“With its highly specialized software, FENZ is among the leading providers of foodservice solutions in the DACH region”, highlighted Oscar Koberling, Acquisitions Manager at Everfield. “Together with the experienced management team at FENZ, we are going to build on this foundation to further accelerate the company’s growth.”
FENZ’s solutions are built around the Software-as-a-Service platform “necta” and enable clients to achieve an extensive, end-to-end inventory management in the foodservice industry.
“With “necta”, we cover the entire value chain, from the recipe to procurement and storage all the way to the finished dish on the plate. Moreover, “necta” is compatible with all common point-of-sale, accounting, and information systems”, said Reinhold Fenz, who founded the company in 1998.
Besides inventory management, FENZ also offers a modern menu ordering system, which is used by clients either separately or as an extension of the inventory management. The software is available in multiple languages, yet is currently primarily targeted at German-speaking markets. Among the client base are various renowned companies, such as Klüh Catering, the Austrian Armed Forces, Median hospitals, Korian, Caritas and the ZFV gastronomy group.
“In the past years, together with the founder, our co-investors and the Wirtschaftsagentur Burgenland, we have successfully built and established one of the DACH region’s leading companies in this segment”, Klaus Stinakovits and Georg Schönbauer, directors at ATHENA Burgenland Beteiligungen AG, proudly referred to FENZ’s developments to date.
“With Everfield, we pass our portfolio company on to an experienced, strategically minded partner for the long-term development of FENZ”,
commented the board members of the investment fund.
As part of the succession arrangement, Reinhold Fenz will hand over the role of CEO to Michael Haas, yet will remain available to the company and its clients as product manager and member of the management team.
“Our common goal is to expand the FENZ product portfolio and focus on the care and catering segments in the German-speaking region”, underlined Fenz. Michael Haas added: “We offer an established, technologically leading solution and have a broad client base. These are ideal conditions for the joint plans with Everfield.”
For clients, everything will continue as normal following the acquisition: The entire FENZ team is available to clients at the office in Pinkafeld in the Austrian Burgenland. Everfield has issued a guarantee for staying in Pinkafeld, Burgenland.
“As a highly specialized B2B software business, FENZ is an ideal fit for the Everfield portfolio”, Oscar Koberling welcomed the newest member of the Everfield group. “Moreover, this acquisition lays the foundation for further investments in Austria and the DACH region. We thank all involved parties for the smooth transaction process.”
Koberling added: “We particularly want to thank the representatives of ATHENA Burgenland Beteiligungen AG for entrusting us with FENZ and for having accompanied the company to success over all these years.” Everfield was advised in this transaction by mk05 and law firm Herbst Kinsky. The seller side was advised by BDO Austria, the Innaq GmbH and law firm DSC Doralt Seist Csoklich Rechtsanwälte.
What are the benefits of selling to Everfield?
Everfield acquires specialized B2B software companies across Europe and helps these companies to strategically expand their market position and accelerate their growth. As part of a “buy-and-grow” strategy, Everfield aims to fully acquire companies’ shares. Everfield is not looking for short-term success through quick reselling, but relies on long-term cooperation and sustainable growth. Acquired companies retain their autonomy to a large extent, while gaining access to the support from Everfield’s operational teams. This way, founders and owners can be sure that they are putting their entrepreneurial legacy in good hands.
Press contact:
Christoph Möller
Phone: +49 (0)221 / 80 10 87 – 87
E-Mail: cm@moeller-pr.de
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