Quarton International advises the shareholders on the initial funding of DCI Digital Car Institute GmbH

Tombstone dci Transaktion 2017 englisch
Overview

Transaction

DCI Digital Car Institute GmbH, a subsidiary of API Automotive Process Institute AG, was initially funded by IBG Risikokapitalfonds III GmbH & Co KG (“IBG”) and bmp ventures AG (“bmp”). DCI integrates important parts of API’s car remarketing business and develops automated solutions for vehicle status reports.

Quarton International acted as the exclusive advisor to the shareholders of DCI. The comprehensive preparation and execution of the transaction – conducted by Quarton International – included the management of the entire process, the identification, selection, and approach of potential investors, the preparation and execution of the due diligence, negotiation management and conclusion of the contract. With this transaction, IBG Risikokapitalfonds III GmbH & Co. KG, advised and represented by bmp Ventures AG, capitalized an innovative company in Saxony-Anhalt.

Client

API is the leading supplier for digitization systems in the automotive market. A large number of car dealerships and dealer organizations in Europe already use the digital API systems; it is expected that API will be one of the top brands for digital data management systems in the B2B segment in the coming year. The products are groundbreaking in quality and usability, the analysis data is reliable, precise and transparent and the customer satisfaction of the cooperating car dealerships and organizations is 100% positive. The API after sales and re-marketing solutions fit the digital service world of tomorrow, they are easy to handle and lead to success with very little training.

Logo API

Buyer

IBG Risikokapitalfonds III GmbH & Co. KG, headquartered in Magdeburg, is investing €50 million in technology-oriented seed and start-up projects as well as in growth phases, exclusively within the state of Saxony-Anhalt. The investments with a total of up to €10 million can be split into several financing rounds. The investments are arranged in the form of Open Participations (generally as minority interests of up to 24.9%) and/or Silent Participations, with a term of 5 to 7 year. The IBG funds primarily invest together with private investors.

DCI is a subsidiary of the Automotive Process Institute and the IBG Beteiligungsgesellschaft Sachsen-Anhalt mbH. The latest digitization technology, combined with the current knowledge of artificial intelligence, forms the basis for the creation, recording and digital mapping of extensive vehicle data. All the data from measurement results, status information and image data are analyzed, aggregated and semantically contextually combined into e.g. value reports. DCI is funded by financial participation from the European Regional Development Fund (ERDF).

Logo DCI

bmp Ventures is a venture capital firm from Berlin. Since 1997, they have been investing Smart Money in early stage and growth start-ups. bmp specializes in investing in innovative business models with outstanding teams that build rapidly growing and sustainably profitable companies. The focus here is on innovative companies in the following sectors: internet/software/mobile, life science, industry technologies, clean technology/material science, consumer products.

Contact

Photo Jules Gruninger

Jules A.
Grüninger

Partner
M&A Quarton, A Cowen Company

+41 44 2654 080
Email

Photo Jozsef Bugovics

Jozsef
Bugovics

Partner
M&A Quarton, A Cowen Company

+49 341 9837 90
Email

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