Alpina Partners Ltd., through funds managed by Alpina Capital Partners LLP, has purchased OR Soft Jänicke GmbH and ORSOFT GmbH from the family of founder and former CEO Winfried Jänicke, according to a Jan. 8 statement.
German software specialist ORSOFT provides software solutions for advanced planning and scheduling, supply chain management and master data management, as well as healthcare applications. It has an existing partnership with software company SAP SE.
Following the deal, ORSOFT intends to expand its range of services by working closely with companies under Germanedge, a buy-and-build vehicle formed by Alpina to establish a software group focused on manufacturing execution systems. The portfolio includes the recently acquired systems provider Objective International NV.
ORSOFT will retain its current management team, while Jänicke will join the company's advisory board. Germanedge CEO Christian von Stengel and Hanns Georg Renz will become the new managing directors of OR Soft Jänicke, ORSOFT said.
Alpina is a London-based private investment firm that targets technology-focused small and medium-sized enterprises in Europe.