Houlihan Lokey Advises Keensight Capital
Houlihan Lokey is pleased to announce that Keensight Capital (Keensight) has acquired Quanos, a leading developer of software and technology solutions for smart information, from IK Partners (IK). This transaction closed on 1 February, 2023.
Headquartered in Nuremberg, Germany, Quanos is one of the leading providers of software solutions for industrial aftersales and digital technical documentation. The company offers a comprehensive product portfolio that enables customers to realise substantial cost and time savings, increase operational efficiency, drive profits of aftersales and service activities, and digitise aftersales services and offerings. Quanos employs approximately 270 people and serves more than 1,000 customers worldwide. The company focuses on original equipment manufacturers and operators, ranging from small and medium-sized enterprises to global champions.
Keensight, one of the leading European growth buyout firms, is committed to supporting entrepreneurs as it implements its growth strategies. For more than 20 years, Keensight’s team of seasoned professionals has leveraged its knowledge of investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €10 million to €400 million. Drawing on its expertise in the technology and healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with management teams to develop and achieve their strategic vision. Keensight’s success has also earned it a Gold Award from the Private Equity Exchange & Awards every year for the past six consecutive years, and it was named the Best European Growth Private Equity Fund.
Houlihan Lokey served as the exclusive financial advisor to Keensight on the acquisition of Quanos.
RELATED: Business Management Software, Technology, Financial Sponsors Coverage