Press Release: Successful conclusion of IPS’ succession in ownership

Dear Madam or Sir,

IPS Group would like to announce a change in ownership, effective from 01.07.2021.

After an extensive review process, Urs Zwicky is happy to announce that he selected funds advised by AUCTUS Capital Partners AG to take over his ownership of the group. AUCTUS has extensive experience in the IT service market with several investments in IT companies (e.g. Fernao Group, Valantic, QuinScape, Smaser, STRANET, Sidion & Osthus) and will act as a sparring partner to an unchanged management of the IPS group. Urs Zwicky, who founded IPS in 1992 and held a chairman position in recent years, has worked towards the goal of a stable succession for the company.

AUCTUS firmly believes in the software engineering platform created by Mr. Zwicky and its operative management, and intends to continue on the successful path of IPS’ almost 30-year history. In the spirit of that history, AUCTUS plans to further expand the existing development centres to support IPS’ strategy of forming a European market leader in software engineering. AUCTUS will utilize its German roots and the experience from more than 250 transactions in the DACH region to foster business relationships in Germany and across Europe. IPS’ values, its technology leadership in Industry 4.0, cloud applications, IoT and data analytics, and its customer-centric solution-approach will be upheld and can be further scaled within a group of businesses.

“We were impressed by IPS Group right from the beginning of our conversation with Urs Zwicky – in particular by its outstanding management team, its unique culture and the impressive technological software engineering know-how. We are very honoured to be selected as the future owner of the group.” Christoph Blanke, Managing Partner at AUCTUS Capital Partners AG.
“I am convinced that AUCTUS is the right partner to support IPS in its future path. AUCTUS will further develop and expand IPS, resulting in a win-win situation for both our employees as well as our customers.” – Urs Zwicky, Founder of IPS Group

AUCTUS Capital Partners AG is an independent investment company founded by entrepreneurs. The fund capital under management comes from successful entrepreneurs and very few hand-picked long-term institutional investors. The AUCTUS team is comprised of over 20 experienced investment professionals and currently oversees more than 40 platform investments in its 5 core sectors (IT, health care, business services, consumer and industry).

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