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Quentic announces €22 million growth capital investment from One Peak and Morgan Stanley Expansion Capital

May 21, 2017

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Written by One Peak

May 21, 2017

Written by One Peak

London, United Kingdom - May 22nd, 2017Quentic GmbH, today announced the completion of a €22 million investment from private equity firm One Peak and investment funds managed by Morgan Stanley Expansion Capital. The funding will be primarily used to invest in the company’s international growth trajectory and product development.

Quentic is one of Europe’s leading software providers for health and safety, environmental management and sustainability solutions. The company’s SaaS platform EcoWebDesk helps businesses efficiently manage all processes and tasks relating to health, safety and environment (HSE) as well as sustainability, whilst also meeting legal compliance requirements.

Boasting an extensive portfolio of integrated specialist modules and functionalities, their intuitive software solutions are truly unique and are scalable across both large multinationals and mid-sized enterprises. Quentic currently employs more than 90 staff at its headquarters in Berlin and has additional offices in the German states of Bavaria and Lower Saxony, as well as in Austria and the United States.

As part of the investment, Berlin-based BBAF Business Angels Fondsgesellschaft and Swiss family office Wecken & Cie sold their respective shareholdings in the company to the new investors. The three founders — Markus Becker, Hardy Menzel and Sebastian Mönnich — will continue to run the company strategically and operationally in their roles as Managing Partners.

“This is one of the most important milestones in Quentic’s history,” explains founder and CEO Markus Becker. “With EcoWebDesk, we will continue to serve our market with a best-in-class product in the years ahead. Quentic will become Europe’s leading provider for optimizing and standardising HSE processes in combination with sustainability reporting requirements as part of a single software solution. We have known the One Peak and Morgan Stanley Expansion Capital teams for some time now and have jointly defined the parameters of the transaction. That’s why we are now excited about embarking on the next steps of our journey together.”

“We are looking forward to working with the Quentic founders to leverage the positive market dynamics and further accelerate client adoption of HSE solutions across Europe. We are impressed by the company’s strong growth trajectory and its outstanding technology platform,” says David Klein, Managing Partner at One Peak. “We will support Quentic’s international expansion strategy and build on the success the company has already achieved to create Europe’s market leader.”

About Quentic

Quentic is one of the leading solution providers of Software as a Service (SaaS) for EHSQ and ESG management. The Quentic platform comprises ten individually combinable modules and offers an ideal way for companies to manage Health & Safety, Risks & Audits, Incidents & Observations, Hazardous Chemicals, Control of Work, Legal Compliance, Online Instructions, Processes, Environmental Management and Sustainability. The portfolio is complemented by the Quentic App for mobile reporting and by Quentic Analytics for powerful HSEQ data analysis using clear and daily updated dashboards. Over 900 companies rely on Quentic software solutions to strengthen their organization’s HSEQ management and responsibility‐related areas in Environment, Social and Governance (ESG). The integrative software is also suited to supporting comprehensive management systems in compliance with ISO 14001, ISO 45001 and ISO 50001.

The company is headquartered in Berlin, Germany, and employs more than 250 people. Branch offices are located in Germany, Austria, Switzerland, Finland, Sweden, Denmark, Belgium, the Netherlands, France, Spain and Italy.

To learn more, visit www.quentic.com.

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