GERMANY – SAP (NYSE: SAP), acquired LeanIX, a Bonn, Germany-based enterprise architecture management (EAM) company.
The amount of the deal was not disclosed. The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals. The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization.Led by CEO André Christ, LeanIX is a market leader in enterprise architecture management (EAM), driving the modernization of IT landscapes and continuous business transformation. Its software-as-a-service solutions enable organizations to visualize, assess and manage the transition towards their target IT architecture. The company serves over 1,000 companies globally across various industries, including more than 10% of the Fortune 500 and half of the German DAX 40. LeanIX has a strong international presence with offices in Boston (USA), London (UK), Paris (France), Amsterdam (Netherlands), and Ljubljana (Slovenia). Investors included Insight Partners, DTCP, Capnamic Ventures, Iris Capital, Goldman Sachs, and Dawn Capital. Commenting on the deal, Mina Mutafchieva, Partner at Dawn, said: “This deal is a testament to the depth of the European B2B software ecosystem, and a clear sign that exit windows are coming back to Europe after a long period of slow market movement. We were impressed from the outset by LeanIX’s vision of how to shape the enterprise architecture of the future, and by André’s focus and drive — and the discipline with which the company has executed since has been inspiring. Despite macro headwinds, the business has delivered impressive growth while remaining efficient with particularly strong unit economics. SAP’s acquisition of LeanIX today is a reflection of how impactful the company’s product suite and partnership has become. We wish André and the team every continued success in this next chapter of their exciting journey.”07/09/2023
