LEA Partners extends its financial services software platform with Base-Net Informatik AG
Karlsruhe, November 03, 2021 – The German technology investor LEA Partners (“LEA”) takes over the majority of Base-Net Informatik AG (“Base-Net”), the Swiss market leader for credit and mortgage management software. With the acquisition of Base-Net, LEA is taking the next step to build a leading financial services software platform in in the DACH region. The previous shareholders around founder Stefan Hermann are retaining part of their shares and are thus continuing their involvement in the future growth of the platform.
With its software WinCredit, Base-Net – which was founded 1994 and is headquartered in Sursee in the canton Lucerne – is the leading Swiss provider for credit and mortgage management. Today, over 400 banks, insurance companies, pension funds and financial intermediaries are using the software products of the company. In addition, Base-Net is developing and operating a state-of-the-art platform for credit and mortgage refinancing.
The modular software suite WinCredit is an end-to-end solution that spans from credit application and account management up to refinancing. Furthermore, WinCredit offers an automated interface to third party systems such as the land register. The most recent, web-based product generation, WinCredit 3, is setting new market standards, especially in the field of automation and connectivity. It is currently being rolled out among BaseNet’s customers.
Stefan Hermann, founder of Base-Net:
“We are delighted to have won LEA as strategic partner for the next growth phase of Base-Net. LEA’s strategic concept convinced us right from the start. It gives us the opportunity to raise our products to a new level on a joint platform and to position them in the entire DACH region. Together with LEA, we will contribute significantly to the future of credit management.”
Philipp Hertel, Partner at LEA:
„The continuously growing market for credit management software is highly attractive for us. Therefore, we are thrilled to have won Base-Net – another leading and well-established company in this field. This means we are taking the next step in building a leading financial services platform in the DACH region.”