Sobera Capital seals 17x return through TM3 Software sale

Sobera Capital´s portfolio company TM3 Software GmbH, Regensburg, has been sold to proLogistik GmbH, a portfolio company of enterprise software investor Elvaston. proLogistik acquired 100% of the shares from the existing shareholders as part of their buy-and-build strategy.

TM3 offers professional logistics software for small and medium-sized companies and has achieved strong customer, revenue and earnings growth in recent years.

The company’s site in Regensburg will be retained. Sobera Capital divested from S-Refit EFRE Fonds Bayern GmbH which had been invested in TM3 since a combined secondary/Series A-transaction in 2011. In total the deal generated a multiple  of more than 17x on the investment for the fund.

Sobera Capital, which you can meet the the UK Private Equity Conference, is a Berlin based independent secondary direct investor with a focus on growth and small-cap funds and assets in ICT, Industrial Technologies and Healthcare / Life Sciences.

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Sobera Capital is a Berlin based independent secondary direct investor with a focus on growth and small-cap funds and assets in TIMES, healthcare and selected other industries.

Sobera Capital targets European growth and small-cap funds and assets in ICT, Industrial Technologies and Healthcare / Life Sciences with transaction sizes of up to EUR 50m.

The firm focuses on secondary direct transactions of portfolios of company interests. Sobera also covers selected single asset and limited partnership acquisitions. In addition, Sobera offers fund and portfolio management as a service for the current owners.

Source: Press Release

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