Five Arrows and CGE Partners announce majority acquisition of Intact from IMCap Partners with support of HEUKING
Law firm HEUKING has advisedFive Arrows andCGE Partners (CGE) on their investment in Intact, a leading provider of end-to-end auditing workflow software to certification bodies, standard setters, and, more recently, corporates. Management and the previous majority shareholder, technology investor IMCap Partners, will retain a stake in the business.
The HEUKING deal team was led by M&A / Corporate partner Dr. Jörg Schewe, alongside support from partners Dr. Henrik Lay (Tax), Dr. Frederik Wiemer (Antitrust), Christoph Prochnau (M&A / Corporate) and Martin Karwatzi (Insurance) as well as senior associates Caroline Frohnwieser (M&A / Corporate), Sarah Radon (M&A / Corporate) and Simon Pommer (Tax).
Intact digitises complex workflows in the certification processes. It allows its customers to seamlessly manage all their core operational workflows from audit planning to audit execution, certification release, and invoicing, all in one modular Software as a Service (SaaS) tool.
CGE and Five Arrows are partnering with Thomas Lorber (co-founder and CEO of Intact) and his wider management team to help support the next phase of Intact’s ambitious growth journey while maintaining its highly customer-centric approach.
The financial terms of the investment were not disclosed.
“We are excited to welcome both Five Arrows and CGE Partners as investors in Intact. With their strong track records in driving growth and scaling innovative technology companies, we are confident this partnership will propel us forward. Together, we will continue to strengthen our capabilities, investing strategically in our product, service, and international expansion, delivering even greater value to our clients, employees, and stakeholders globally.” commented Thomas Lorber, co-founder and CEO of Intact.
“We have tracked Intact for several years and have been deeply impressed by its journey thus far. It is rightly recognised as the leading provider of end-to-end auditing workflow software and counts some of the largest and most sophisticated certification bodies and standard setters as its customers”, commented Five Arrows.
“We are excited to support the next phase of Intact’s exciting growth journey as certification bodies and standard setters seek to upgrade and digitise their working practices. We share in the team’s vision that Intact can bring greater productivity, accuracy and transparency to the certification market”, commented CGE Partners.
“At the time we invested, Intact was a small, very specialised and highly innovative software company in the Testing, Inspection and Certification vertical, making it a perfect fit with our investment profile. Over the last six years, we have supported the company's successful growth trajectory by investing in the organisation and providing access to our network and operational expertise, all with a strong sense of partnership”, added IMCap Partners.
Counsel Five Arrows
HEUKING:
Dr. Jörg Schewe (Lead, M&A/Corporate),
Dr. Henrik Lay (Tax),
Dr. Frederik Wiemer (Cartel),
Christoph Prochnau (M&A/Corporate), all Hamburg,
Martin Karwatzki, LL.M. (Insurance), Cologne,
Caroline Frohnwieser, Hamburg,
Sarah Radon, LL.M. (beide M&A/Corporate), Düsseldorf,
Simon Pommer, LL.M. (Tax), Hamburg
