Volpi Capital injects capital into Yaveon

• Yaveon is based in Wuerzburg, Germany
• Jarlath Dooley, former director at Version 1, will join as chairperson of the board
• Volpi is a pan-European lower mid-market private equity firm

Volpi Capital has invested in Yaveon, an ERP software vendor and system integrator.

Yaveon serves small and medium companies in the process manufacturing industry including life sciences industry. It is headquartered in Wuerzburg, Germany and has 217 employees.

Yaveon’s management team, along with Volpi, plans to focus on people and recruitment, scale its proprietary software by leveraging a scalable, channel-based go-to-market strategy and acquire complementary vendors in the Microsoft partner network, according to a release.

“Now is the time to invest in international growth, to create a global dynamics champion for process manufacturing,” said Marc Andreoli, technology investor at Volpi.  The firm will look to “scale the organisation, both organically and via complementary M&A.”

Volpi’s team was led by Crevan O’Grady, Andreoli, Fernando Piekenbrock and Annamarie Krcmar. Jarlath Dooley, former director at Version 1, will join as chairperson of the board.

No financial details of the transaction were disclosed.

Volpi is a pan-European lower mid-market private equity firm that invests €25-75 million of equity in businesses with enterprise values between €50 million and €200 million. It is based in London.

Volpi was advised by PwC (financial DD, tax DD and structuring), White & Case (legal), Ringstone (ITDD), Christoffer Holten (customer DD), Corporate Balance (ESG DD), and Howden (W&I insurance). Debt financing was provided by Gestalterbank.