Global investment firm Carlyle has finalized its acquisition of SNP Schneider-Neureither & Partner SE through a voluntary public cash takeover offer. This strategic partnership is aimed at supporting the long-term growth of SNP.
SNP, based in Heidelberg, Germany, was founded in 1994 and is known for providing software and consulting services focused on digital transformation within the SAP ecosystem. The company serves over 3,000 global customers, including 20 of the DAX 40 and over 100 Fortune 500 companies. With more than 1,500 employees, SNP operates in 20 countries.
Carlyle intends to assist SNP's growth by promoting international expansion, optimizing product strategies, and exploring inorganic growth avenues. Carlyle plans to utilize its experience in scaling software companies and its extensive network to achieve these goals. Equity for the investment was sourced from Carlyle Europe Partners V, a fund dedicated to European opportunities.
Michael Wand, Head of Europe Private Equity at Carlyle, stated, "We are pleased to have closed this transaction and we are excited to partner with SNP's management team and its employees as part of the next phase of their growth journey. Leveraging Carlyle's global platform and financial resources, we will actively support SNP's further internationalization and investment into SNP's next generation Kyano platform.”
SNP's CEO, Jens Amail, expressed optimism about the partnership: “We are confident that Carlyle’s expertise, network and commitment will strengthen SNP and our value proposition for customers and partners. The SNP team looks forward to entering this next chapter with Carlyle as the right partner to support its future development and create sustainable value for all stakeholders.”
This transaction is Carlyle's second public-to-private acquisition in Germany in recent years, underlining the company's active role in complex transactions within the region.
Carlyle, a global investment firm, manages $441 billion in assets as of December 31, 2024. SNP is recognized as a leader in providing data-enabled transformation capabilities and generated EUR 255 million in revenues for 2024.