LEA Partners enters software market for financial services providers by taking over a majority share in the b+m group
Karlsruhe, October 15, 2021 – German technology investor LEA Partners is taking a majority share in the b+m group, a leading software provider for the banking and insurance industry, from software investor Main Capital Partners.
The b+m group with currently around 150 employees headquartered in Melsdorf near Kiel is the undisputed German market leader for the automated processing of promotional loans. In 2020 alone, a volume of more than 30 billion EUR was processed by b+m group’s software systems. In addition, the group serves insurers with innovative products in the field of pension and inventory management. The b+m group completes its service offering with a market-leading product portfolio that supports the digitalisation of sales activities in banks. For more than 25 years, the b+m group has been a recognised software provider in the financial services sector, establishing longstanding customer relationships throughout the DACH region.
Frank Mielke, CEO b+m group:
“With LEA Partners, we have decided to partner with a strong software investor with in-depth knowhow in the German speaking countries, which is rounded off by a comprehensive understanding of the financial services industry. From the very start, we are benefiting from working with a valuable sparring partner to build on our strengths and continuously develop the b+m group”
Philipp Hertel, Partner at LEA Partners:
“The b+m group stands for outstanding technological skills combined with a strong market position as a software provider for the financial services sector. We are delighted to partner with b+m and we will seize the attractive opportunities in the digital transformation of banks and insurers to further grow the b+m group”