Scopevisio partners with Hg to accelerate growth in DACH region
• 2 minute read
A German version of this press release can be found here.
Bonn, Germany. 14 March 2025: Scopevisio AG, a leading innovator in cloud-based business automation, today welcomes Hg as a new partner. Hg is a leading investor in European and transatlantic software and services businesses.
Founded in 2007 in Bonn, Germany, Scopevisio serves mid-sized companies and business groups, offering a highly integrated Holistic Business Automation Platform for Commercial Solutions, with a particular strength in finance and accounting. This platform is designed to automate and optimise key commercial functions including finance, sales, procurement, organisation, document management and human resources. The fully unified system automates business processes and enhances efficiency through artificial intelligence.
The transaction will see Hg partner with Dr. Jörg Haas, Scopevisio's CEO and founder as joint shareholders in the business going forward. Hg brings a strong track record of backing software businesses in the ERP and accountancy space, having invested $28 billion over the past 20 years.
Dr. Jörg Haas, CEO and founder of Scopevisio, said:
"We're thrilled to welcome Hg as our partner for Scopevisio's next growth chapter. Their deep expertise in ERP and accounting software, and experience in scaling cloud businesses, makes them the ideal partner as we look to expand our presence across the DACH region. Together, we'll accelerate product innovation and drive continued growth, while delivering exceptional value to our loyal customer base."
With more than 7,500 customers, primarily in the service sector, and over 300 employees across its group of companies, Scopevisio has established itself as an award-winning provider with a best-in-class product and high customer loyalty.
Benedikt Joeris, Partner at Hg, said:
"Scopevisio sits right in our sweet spot, as a business with a compelling cloud-based product offering, high customer advocacy scores and strong recurring revenue. The DACH mid-market is picking up speed and embracing modern cloud solutions, creating an opportunity for significant growth potential. We're excited to partner with the Scopevisio team, to help build on their impressive foundation and continue scaling the business.”
The transaction is subject to customary closing conditions. Terms of the transaction are not disclosed.
For further information, please contact:
Scopevisio
Özlem Doger-Herter
oezlem.doger-herter@scopevisio.com
Hg
Tom Eckersley
tom.eckersley@hgcapital.com
Sam Ferris
sam.ferris@hgcapital.com
About Scopevisio
Scopevisio AG develops and operates a cloud-based business automation platform covering Finance, ERP, CRM, HCM, Payroll, POS, BI, and Organization. Designed for mid-sized companies across various industries, it simplifies and automates business processes while enabling seamless cross-location and cross-departmental collaboration.
Headquartered in Bonn, Germany, Scopevisio employs over 300 people in Germany and Austria and serves more than 7,500 customers with its innovative solutions.
About Hg
Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers. This industry is characterised by digitization trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come.
Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.
With a vast European network and strong presence across North America, Hg’s 400 employees and around $75 billion in funds under management support a portfolio of around 50 businesses, worth over $160 billion aggregate enterprise value, with around 115,000 employees, consistently growing revenues at more than 20% annually.