OMMAX supported Cegid in the acquisition of sevdesk

Operating in a fragmented and rapidly growing market driven by the rising adoption of e-invoicing solutions, sevdesk has established itself as a market leader with a unique value proposition. By offering an intuitive and user-friendly cloud solution, and seamless workflow integrations combined with exceptional customer support, sevdesk has built a loyal customer base of over 130,000 Micro and SMB customers, and accounting and tax advisory professionals in the DACH region. 

Konstantin Kugler, Partner at OMMAX, comments: "sevdesk impressed us with its strong business model, clear market positioning, and attractive growth opportunities. The company aligns perfectly with Cegid’s growth strategy in the DACH region. We congratulate Cegid, Silver Lake and the sevdesk team on this significant achievement." 

This transaction underscores the growing demand for cloud-based business software solutions and the importance of digital transformation for Micro and SMB customers in preparing for upcoming regulatory changes, including the 2025 e-invoicing requirements. 

Do you want to know more about OMMAX’s experience in transaction advisory? Get in touch with Konstantin Kugler (konstantin.kugler@ommax.de) and Toni Stork (toni.stork@ommax.de).

About sevdesk

Since its launch in 2013, sevdesk has emerged as a rapidly growing provider of digital invoicing and accounting solutions with a focus on Germany and Austria. The company offers a cloud-native web and app platform specifically designed to meet the specific needs of Micro and SMB businesses. sevdesk simplifies and streamlines accounting tasks, including invoicing, VAT pre-filing, income and expense tracking, tax compliance support, and seamless collaboration with tax advisors. The platform emphasizes automation, user-friendliness, and integration with a wide range of technologies. Over 130,000 customers from more than 100 industries rely on sevdesk’s innovative accounting solution.

For more information, please visit www.sevdesk.de

About Cegid

Cegid is a European leader in cloud business management solutions for finance (cash flow, tax, ERP), human resources (payroll, talent management), CPAs, retail, and entrepreneurial sectors. With a solid full cloud business model, Cegid provides a long-term commitment to its customers, and superior and distinctive experiences, and helps companies of all sizes accelerate their digital business transformation, locally and worldwide. Cegid combines a forward-thinking and pragmatic approach to the business with a strong capacity to innovate, an in-depth expertise in new technologies such as artificial intelligence, and an understanding of regulations and compliance. In today’s rapidly changing world, Cegid makes more possible by helping customers unleash their potential thanks to innovative and purposeful business solutions. Bolstered by its strong international ambition and reach, and its 750,000 customers, Cegid has 5,000 employees and sells its solutions in 130 countries. Cegid reported revenues of €852 million (as of December 31, 2023). Pascal Houillon has been the CEO since March 2017.

For more information, please visit www.cegid.com

About OMMAX

We believe everyone can become a digital leader.

OMMAX is a fast-growing digital strategy consultancy specializing in transaction advisory, strategy, and end-to-end execution of digital initiatives. It’s our vision to build digital leaders worldwide to foster innovation and accelerate digital growth and profitability. Over the past 14 years, we realized 300+ M&A deals with >€20B deal value and 2,000+ international value creation projects in various industries for leading private equity firms in commercial strategy, digital operational excellence, advanced data strategy, analytics, tech, and automation. As a front-runner for holistic data-driven strategy consulting and end-to-end execution, we are the leading consultancy within the global private equity sphere, designing and delivering best-in-class digital strategy and value creation.