kgs launches into its next phase of growth with Volpi Capital as new majority shareholder

kgs serves more than 375 customers and is committed to reducing compliance and data governance risks in enterprise environments. As artificial intelligence becomes increasingly embedded in business operations, legally compliant archives are evolving into the central backbone of modern enterprise data architectures—transforming from a formerly passive storage solution into a governed evidence layer that enables the next generation of enterprise intelligence. kgs is exceptionally well positioned to benefit from this structural shift and to play an active role in shaping it.

Winfried Althaus, CEO of kgs: “Together with GENUI, we have built kgs into a scalable business that blue-chip corporations trust with their most critical compliance requirements. We have successfully transitioned the business model to recurring revenues, continued to grow our highly loyal customer base—as reflected in industry-leading customer KPIs—and laid the foundations for international growth. For the next step, our accelerated international expansion, Volpi Capital is the ideal partner for us. We look to the future with great confidence and, with Volpi's investment and support, are very well placed to continue growing rapidly whilst maintaining the reliability and precision our customers depend on.”

Sarah Kaiser, GENUI: “kgs is an excellent illustration of our investment approach: a business with structural tailwinds—driven by regulatory requirements, the ongoing SAP cloud transformation, and the growing strategic importance of legally compliant archives in an AI-driven world—combined with a management team that has executed a textbook business model transformation. The strength of kgs' customer relationships is a clear testament to the outstanding company the team has built. Our decision to remain invested as a minority shareholder reflects our continued confidence in the company's future trajectory.”

Mark Sargeant, Volpi Capital: "We have known Winfried and kgs for more than eight years, have followed the company's development closely, and are highly convinced by both the business model and the management team. kgs sits at the intersection of several of Volpi's core investment themes, including the SAP S/4HANA ecosystem and enterprise data governance. Legally compliant enterprise archiving is non-negotiable, and demand continues to grow steadily—driven by rising data volumes, tightening regulation, cloud migration, and the need for clean, secure, and always-available data. With this tailwind and a best-in-class product offering, now is the right moment to invest in international expansion and support Winfried and his team in building a global business.”

GENUI invested in kgs in 2023 to support the development of a software platform that addresses one of the central compliance challenges of enterprise digitalization: legally and audit-compliant document archiving. GENUI entrepreneur Klaus Weinmann, long-standing founder and CEO of CANCOM, has accompanied kgs as Chairman of the Advisory Board since GENUI's entry and has contributed his extensive entrepreneurial experience.