Houlihan Lokey Advises FLEX Capital

Houlihan Lokey is pleased to announce that FLEX Capital (FLEX) and Omikron Systemhaus (Omikron), a leading player in transaction banking in Europe, have joined forces. Houlihan Lokey acted as the debt advisor on the acquisition financing.

FLEX is a private equity fund founded by successful serial entrepreneurs that invests in profitable and growing companies from the German internet and software middle market. Announced in early 2023, the second fund of €300 million includes a commercial structure for the first time, enabling FLEX to provide operational support to portfolio companies with a purpose-built 30-person team of experts, differentiating the investor from many other private equity funds. Currently, the FLEX portfolio comprises seven business platforms.

With more than 40 years of experience in the financial sector, Omikron is among the leading providers of e-banking solutions. Omikron offers the electronic banking system, MultiCash, a multibank-enabled standard software that banks provide to their corporate customers for conducting their financial transactions. For corporates, Omikron provides MultiCash Transfer, a modular, bank-neutral platform that can be used to optimize processes and workflows in the areas of payment transactions and cash management, especially to integrate banks more closely with in-house systems. Omikron’s products are available in more than 20 countries and in 10 languages. This multilingual capability and the integration of all common European standards for client-bank communication emphasize the internationality of the solutions, which are used by banks and corporates of all sizes, including multinational groups. The guaranteed long-term availability and strong market presence of this software—developed and maintained in close cooperation with customers—ensure the security of companies’ investments.

Omikron and FLEX share a visionary perspective aimed at expanding the functionality of MultiCash solutions in transaction banking, treasury, and finance, enhancing customer care and going beyond traditional market boundaries. By implementing new technological capabilities and adapting to regulatory requirements, they strive to establish Omikron as a leading innovator and trusted partner in digital banking.