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Thursday, November 05, 2009

Co-Financing of the International Growth Strategy

BayBG Invests in WeWebU Software AG

Herzogenaurach, 11/05/2009 – WeWebU Software AG, maker of standard software for Enterprise Information Management (EIM), announces that Bayerische Beteiligungsgesellschaft mbH (BayBG) supports the international growth strategy of the innovative enterprise with a financial engagement. The Bavarian market leader for investments in medium-sized companies has currently invested in 540 enterprises with a capital volume of more than 300 million Euro.

 
„I am very glad that with BayBG we have won a renowned institutional investor for WeWebU Software AG. In addition to earnings from our continuous organic growth, the dormant equity holding of BayBG gives us the financial strength to push our expansion strategy without restrictions even in economically tough times. Nevertheless, we continue to be the master in our own house and also in future can act completely independently like an owner-managed medium-sized enterprise”, says Stefan Waldhauser, CEO and Chairman of the Executive Board of WeWebU Software AG.

WeWebU Software AG is the specialist for Enterprise Information Management. With their standard products, enterprises can access their complete information infrastructure via a unified, process-oriented working environment. Thus, they reduce costs, increase their employees’ productivity, come to decisions faster and better, and make their whole enterprise more agile.

Cooperating with BayBG enables the ambitious technology venture to consequently unlock its high growth potential by strengthening sales and marketing nationally as well as internationally in the coming years.

About BayBG

BayBG is one of the biggest capital providers for medium-sized enterprises in Bavaria, Germany. Currently, it has invested in 540 Bavarian enterprises with more than 300 million Euro. With its investments and venture capitals, BayBG enables medium-sized enterprises to realize their growth and investment plans, to manage a change in ownership or corporate succession, to optimize their capital structure as well as to implement turn-around projects.

About WeWebU Software AG

WeWebU Software AG is the specialist for Enterprise Information Management. With our standard products, enterprises can access their complete information infrastructure via a unified, process-oriented working environment. Thus, they reduce costs, increase their employees’ productivity, come to decisions faster and better, and make their whole enterprise more agile.
WeWebU Software AG operates internationally. It cooperates with leading EIM manufacturers and consulting firms and is an IBM Advanced Business Partner as well as Alfresco Systems Integrator & Solutions Partner.
The continually growing customer-base of WeWebU Software AG consists of e.g. Bayerischer Rundfunk, SAPERION AG, Siemens AG and DATEV e.G., financial institutions like Hamburger Sparkasse, Sparkasse Bremen, UniCredit Leasing, Visana Group, SUVA and NÜRNBERGER Versicherungsgruppe as well as several US federal and state agencies like the California Department of Public Health.

 

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