Labor and Social Security Law | Transactions / M&A | Private Equity

Flick Gocke Schaumburg advises Iptor Supply Chains Systems AB on the acquisition of TimberTec AG

03.03.2022 | Deals done

Flick Gocke Schaumburg has advised Iptor Supply Chains Systems AB, a portfolio company of Bregal Unternehmerkapital, on the acquisition of TimberTec AG, a leading provider of ERP software for the timber industry.

Advisors to Iptor Supply Chains Systems AB: Flick Gocke Schaumburg

Mathias Bülow (lead; private equity/M&A), Matthias Full (private equity/tax), Dr. Andreas Wirtz (labor and employment law); associates: Justus Bode, Dr. Johan Schrader, Dr. Burak Firat (all private equity/M&A), Anne-Catherine Lorek (private equity/tax)

TimberTec, based in Eutin in northern Germany, was founded by Frank Ridder and Andreas Boll in 1999. Today it has over 100 employees. TimberTec develops and distributes ERP software for saw mills, glued timber manufacturers, and the timber trade. It serves customers in Germany, Austria, Switzerland, and Scandinavia.

Iptor is a global leader in enterprise resource planning, supply chain management, planning and logistics software and services. Iptor helps distribution-focused organizations solve their most complex order management and fulfilment challenges within fast-moving, multi-channel and global supply chains, turning them into growth opportunities.

Serving 1,300 customers with 4,100 installations in more than 40 countries, Iptor provides fully integrated enterprise solutions, with highly adaptable and robust software backed by world-class support from distribution and supply chain experts. With its micro-services orientated cloud platforms and the use of smart technologies, Iptor offers compelling value to customers across the Technical Wholesale, Pharma and Publishing sectors. <<<