GETEC, HBF and NBank Capital sell stake in smapOne to Nordwind Capital
The initial financing from the HBF in 2014 and the first follow-up financing together with NBank Capital in 2016 laid the foundation for the company's expansion in Hanover. Since its entry in 2017, GETEC has taken over the majority of the company and, together with smapOne, has further developed the strategic orientation and market positioning of the company. This has created the basis for generating further growth in an increasingly competitive market environment.
Nordwind will actively shape the next growth and innovation phase with the founder management and further expand and strengthen smapOne's brand and market position. "In Nordwind Capital, we believe we have found an ideal partner for smapOne for the tasks ahead," explains Dr. Karl Gerhold, Managing Partner of the GETEC Group .
Who is smapOne?
smapOne makes it easy for companies to get started with digital transformation and enables every employee to easily implement and optimize processes and ideas in apps - all without programming knowledge . Business apps can be fully created and put into productive use in just 30 minutes.
About the GETEC Group
The energy service provider GETEC was founded in Magdeburg in 1993 and has been active in the energy markets for around 25 years. GETEC is a pioneer in the development of customer-oriented and sustainable energy services. These include, for example, the construction and operation of area networks, the implementation of customized energy supply models and the development and expansion of sustainable energy solutions. GETEC and its subsidiaries employ more than 1,500 people.
About HBF and NBank
Under the Invest-Impuls umbrella brand, hannoverimpuls invests in innovative technology-oriented start-ups in the Hanover region on behalf of the state capital and the Hanover region with the hif and HBF seed and venture funds. The fund manager is EnjoyVenture, which specializes in the early stages of corporate financing.
Investitions- und Förderbank Niedersachsen - NBank is the first point of contact in Lower Saxony for all relevant development programs of the European Union, the federal government, the state and the municipalities. NBank Capital Beteiligungsgesellschaft mbH is a wholly-owned subsidiary of NBank and strengthens the economic power of companies in Lower Saxony with equity capital.
"The business idea and the dynamism of the smapOne team convinced us from the very first meeting. The establishment, setup and further development of smapOne are a typical example of the good cooperation between the regional financing partners in the Hanover region," say Reinhard Hinrichs and Stephen Struwe-Ramoth, Managing Directors of HBF and NBank Capital.
About Nordwind Capital
Nordwind Capital invests for an indefinite period in fast-growing and profitable technology companies with interesting international growth prospects. Typical investment situations are the expansion of the investor base to diversify the risk of the previous owner, the injection of further growth capital through to the complete acquisition of a company as part of a succession plan.