Houlihan Lokey Advises Egeria
Houlihan Lokey is pleased to announce that Egeria has invested in Implico, a leading provider of software solutions and services for digitalising business processes in the energy and natural resources supply chain.
Egeria is an independent, pan-European investment firm founded in 1997. It focuses on investing in medium-sized companies and healthy enterprises valued between €50 million and €350 million.
With more than 40 years of experience managing the energy and natural resources supply chain, Implico has unparalleled expertise in automating SAP processes and data aggregation. Embedded in the SAP environment and aligned with the SAP clean core approach, the company develops highly standardised products for S/4HANA that are designed to increase efficiency and security. All solutions are certified and distributed by SAP, ensuring maximum reliability and long-term availability.
With Egeria’s support, Implico will continue to develop as a growth platform for industry-specific SAP software solutions. Specifically, this involves Implico focusing on its partnership with SAP and applying its extensive expertise in software solution development to other industries. In doing so, Implico is set to evolve into an independent software vendor that can invest its knowledge in modular software solutions acquired from some of the most complex value chains across various industries. As part of the repositioning, the terminal management business has been split off into the newly founded OpenTAS GmbH, which will remain with the existing shareholder.
Sven H. Schulze, Partner at Egeria, states, “We are impressed by Implico’s unique position in the SAP ecosystem and the international base of customers that the company has built up and consolidated in the past few years. The company is primed to apply its expertise in automation to other branches with comparable supply chain processes. Going forward, Implico will build on its success as a software house for cross-industry, SAP-related software and services. We look forward to supporting the Implico team on its growth trajectory and scaling its portfolio of products and services.”
Houlihan Lokey served as the financial buyside advisor and financing advisor to Egeria.
Houlihan Lokey provided debt advice on all commercial aspects of the financing transaction. Given the firm’s network of suitable lenders that are able to provide the needed flexibility as well as adequate terms, a highly attractive, tailor-made, and flexible financing structure has been secured.
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