Carlsquare advises Circle Unlimited on a merger with valantic
The digitalization specialist valantic is expanding its SAP portfolio through a merger with Circle Unlimited, a leading solution provider of document, contract, and license management systems in the SAP environment with 20 years’ experience on the market. Circle Unlimited GmbH of Hamburg specialises in completely integrated software solutions for the paperless office. What’s special about this: The solutions work in any industry and can be used to perform specialised functions in the purchasing, HR, sales, and legal departments. Among others, the company’s customers include DAK Gesundheit, BSH Hausgeräte, Engelhard Arzneimittel, Lindt & Sprüngli, Berliner Charité, Volkswagen, and Hamburger Hochbahn AG.
valantic is Number 1 for digital transformation and one of the leading digital solutions, consulting, and software companies on the market. valantic combines technological expertise with industry knowledge and the human touch. More than 1,000 customers rely on valantic, including 20 of 30 DAX companies and many leading Swiss and Austrian companies as well. With more than 1,100 specialized solution consultants and developers and sales of more than EUR 160 million, valantic is represented in 21 locations in German-speaking Europe and internationally in 4 locations.
Companies in all industries use Circle Unlimited’s solutions. Their requirements are quite varied, however due to the solutions’ flexibility, they can be customised easily. With cuSmarText document management, users manage all documents digitally, clearly, and so they are revision-proof – in all company areas. With cuContract, the contract management solution, users can manage all types of contracts clearly and so they are revision-proof across their whole life cycle – from contract creation to monitoring, on through to archiving and controlled destruction. Furthermore, there are also other possibilities for using the software, such as cuContract Invoicing, which automates invoice processing, from invoice receipt to booking. Another feature is cuContractLeasing: Manage and prepare the balance sheet for leasing contracts across their entire life cycle – always in compliance with IFRS.
“Thanks to the expertise we are gaining with the Circle Unlimited colleagues, we will not only be able to offer our regular customers additional services and highly effective software solutions, we can provide more comprehensive support for the SAP market overall,” explains Holger von Daniels, CEO and founder of valantic, about the cooperation with the new Competence Center.
“The digitalization of document-based processes is a crucial building block in the digitalization strategy of our customers and potential customers. In valantic, we have found a strong, dynamic partner with whom we can continue to develop our products and with whom we can grow in the long term. On the other hand, due especially to valantic’s outstanding SAP knowledge and ability to advise on all aspects of digitalization, we can exploit new customers and markets,” says Stefan Heins, Managing Director of Circle Unlimited GmbH.
Carlsquare acted as exclusive sell-side advisor to the shareholders of Circle Unlimited.