Quanos acquired by Keensight Capital

GERMANY Software / Industry-Specific Software REV 1m EUR - 100m EUR

Context

This transaction involves the sale of 100% of Quanos Solutions by IK Partners (via the IK Small Cap II Fund) to Keensight Capital. The exit marks the culmination of a successful four-year holding period during which IK transformed three separate software entities into a unified, market-leading brand through a disciplined M&A and integration strategy. The strategic rationale for the acquisition by Keensight centers on the continued digitization of the industrial aftersales market and the potential for Quanos to expand its InfoTwin cloud platform globally. Keensight intends to support the existing management team in its next phase of growth, focusing on further international market penetration and opportunistic acquisitions.

In the past, Quanos was acquired by IK Partners in 2018 as part of its expansion strategy.

Quanos, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of [members only].

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Target

QUANOS (ex SCHEMA Group) is a leading developer and provider of sophisticated Component Content Management System (CCMS) software solutions, specializing in the creation and management of complex product-related content. Established in 1995 and headquartered in Nuremberg, the company enables global enterprises in sectors such as engineering, pharmaceuticals, and medical technology to modularize their technical documentation. Its software addresses the increasing structural complexity driven by tightening global regulations, digitalization, and shortened product lifecycles. By providing a centralized platform for writing, managing, and publishing technical content, QUANOS ensures process security and standardization across diverse output formats. The firm’s products allow organizations to achieve significant time and cost savings by facilitating the reuse of content components and automating complex publishing workflows.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Other operations with Quanos

Other operations with Quanos
Date	Acquirer	Target	Country	Sector
11/2018	IK PARTNERS	QUANOS	GERMANY	Industry-Specific Software

Other operations with Keensight Capital

Other operations with Keensight Capital
Date	Acquirer	Target	Country	Sector
09/2025	KEENSIGHT CAPITAL	DECISION FOCUS	DENMARK	Financial Services / Banking
06/2024	KEENSIGHT CAPITAL	DIMO MAINT	FRANCE	Industry-Specific Software
11/2023	KEENSIGHT CAPITAL	NOMIOS	FRANCE	Cybersecurity Services
06/2021	KEENSIGHT CAPITAL	ADISTA	FRANCE	MSP (Managed Services)
11/2019	KEENSIGHT CAPITAL	SOGELINK	FRANCE	Construction / Real Estate
09/2017	KEENSIGHT CAPITAL	I-TRACING	FRANCE	Cybersecurity Services

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12/2022	FARO TECHNOLOGIES	SITESCAPE	UNITED STATES	Industry-Specific Software
11/2022	PROVIDENCE EQUITY PARTNERS	A2MAC1	FRANCE	Automotive
11/2022	PTC	SERVICEMAX	UNITED STATES	Supply Chain & Ops
11/2022	VIA EQUITY	DECISION FOCUS	DENMARK	Financial Services / Banking
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06/2022	HELLMAN & FRIEDMAN / PERMIRA	ZENDESK	UNITED STATES	CRM & Sales
06/2022	ASTORG / GENERAL ATLANTIC	ECOVADIS	FRANCE	Industry-Specific Software

REFERENCES

Revenue range: REV 1m EUR - 100m EUR

EBITDA range: €5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Quanos by Keensight Capital are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: quanos

FAQ

What transaction does this page cover?

This page covers Keensight Capital’s acquisition of 100% of Quanos, a German company specialised in Industry-Specific Software, in 2022. This followed an earlier holding cycle initiated in November 2018, when the company was acquired by IK Partners.

What was Quanos’s EBITDA at the time of the deal?

At the time of the transaction, Quanos’s EBITDA was estimated within the €5–25M bracket (FY 2022). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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