- bm‑t beteiligungsmanagement thüringen GmbH realises exit
- rubicon IT GmbH acquires majority stake in PiNkey AG and plans to establish a centre of excellence for lost property management in Thuringia
The venture capital investor bm‑t beteiligungsmanagement thüringen GmbH (bm|t) has sold its shares in PiNkey AG to the Vienna-based IT company rubicon IT GmbH. With this takeover, rubicon IT GmbH plans to expand its market-leading position in the field of lost property management in Austria and Switzerland to Germany. PiNkey AG offers a range of services nationwide in the field of key storage and the return of lost keys.
Founded in 2009 by Steffen Malessa, PiNkey AG is a provider of various services related to the topic of “lost keys”. For this purpose, the company has built up a nationwide network for the secure storage or, if required, short-term delivery of keys for its product www.Schluesseldepot24.de. As a further product, PiNkey sells key rings with integrated key finding service as a company give-away with additional benefits and customer feedback channel at www.einkaufswagenloeser.de and www.Keymortizer.de. At www.Code24.de, the company also operates a central register for personal items.
As a business division, Vienna-based rubicon IT GmbH has been operating the funds service platform www.fundamt.gv.at since 2003. This is an innovative e‑government software solution for the entire lost property system of a country. In Austria, it is used in 500 cities and municipalities as well as by Österreichische Post and Wiener Linien. In Switzerland, it is the official standard solution for lost property under the name easyfind and is thus available to 3.9 million citizens in nine cantons and numerous municipalities as well as to passengers of the Swiss Federal Railways SBB. In addition, rubicon operates easyfind, a loss protection system based on unique codes (www.easyfind.com).
With the acquisition of PiNkey AG, rubicon has found an already established local partner for the expansion of its finds management services to Germany and plans to expand the location in Thuringia as a finds management centre for Germany. The parties have agreed not to disclose the purchase price.
“After having been able to accompany and support PiNkey AG for almost six years in building up the business, I am very pleased to have found in rubicon IT GmbH a partner experienced in the market who wants to further develop the company at the Thuringia location,” says Stephan Beier, Investment Manager of bm|t.
“The synergies resulting from the cooperation between rubicon and Pinkey allow for a uniform discovery solution for the entire D‑A-CH region. This has enormous advantages for citizens in particular, as in the future they will only have to search for their valuables on a single platform in the event of a loss,” Peter Grassnigg, Managing Director of rubicon IT GmbH, explains the prospects.
About PiNkey AG
PiNkey AG, based in Oberweißbach/Thuringia, was founded in 2009 by Steffen Malessa and Katrin Linke and offers services for key storage and the return of lost keys. With currently more than one million active key finders in the market, PiNkey AG holds a leading position in Germany. (www.pinkey.de)
About rubicon IT GmbH
rubicon, an internationally active software company with headquarters in Vienna and branch offices in Berlin and Bern, specialises in improving central business processes through integrative IT solutions based on rubicon standard products or individual software developments. A central business area are the innovative fund service solutions. (http://www.rubicon.eu)
About bm|t
bm‑t beteiligungsmanagement thüringen GmbH, headquartered in Erfurt, is a subsidiary of Thüringer Aufbaubank and one of the top addresses for investments in Thuringia. bm|t currently manages eight funds with a total volume of around EUR 320 million, which invest in innovative companies in almost all sectors and in all phases of company development — both in the start-up and growth phases or in company succession situations. Currently, aroundEUR 100 million is available for early-stage projects, for growth companies and for established medium-sized and large companies in Thuringia’s SME sector.
Contact:
bm‑t beteiligungsmanagement thüringen GmbH
Stephan Beier
Investment Manager
Gorkistraße 9
99084 Erfurt
Phone: +49 361 7447–607
Fax: +49 361 7447–635
stephan.beier@bm‑t.de