SNP Schneider-Neureither & Partner SE
10.01%
Ownership
2020
Investment year
Frankfurt Stock Exchange
(ISIN: DE0007203705)
Stock exchange
“Software-based consulting firm specialised in the transformation of ERP-related IT landscapes”
Investment thesis
Our investment thesis is built on several attractive attributes:
- Attractive end markets with structural growth driven by ongoing SAP transformations (migration to version S4/HANA) and the growing importance of migration and management of data for companies in general
- Its unique value proposition to deliver complex data transformations faster and at a higher quality than manually executed transformations thanks to its Crystal Bridge software solution
- General shortage of skilled IT professionals favoring the use of SNP’s software and services
- Strong potential to further enhance profit margins on the back of a growing software share in the overall business-mix
- Potential for further internationalization as sales are still concentrated on the DACH region / Europe
Achievements
- Strengthening of the Management Board with new CEO appointed 2022
- Supervisory Board reshuffled since 2021, with Luxempart representative S. Reppegather elected to the Board in 2021
1) as of latest voting rights notification (08/12/2021)