Winfried Althaus CEO, KGS Software GmbH: “We are delighted to announce the entry of GENUI and would also like to thank our previous investor Maxburg for their excellent cooperation over the past few years. With GENUI, we have a new strong partner and an exciting network at our side, with whom we will implement the next stage of kgs expansion. GENUI is an investment company founded by entrepreneurs for companies, which focuses on “good entrepreneurship” and makes commitments to companies with the aim of creating sustainable growth and social value. “It is very important for us that, in addition to the common business goals, the values of investors in particular match ours — here it seems as though GENUI and KGS have sought and found each other,” says Althaus.

“The global market for archiving corporate information will grow steadily in the coming years,” explains Boris Klenk from GENUI. The main drivers of this development are the growing volume of data and the legal requirements for data archiving. With its expertise and intelligent archiving solutions, kgs can help to store data efficiently, ecologically and compliantly. “This makes kgs an exciting company for us,” adds Klenk.

After completion of the transaction, GENUI entrepreneur Klaus Weinmann will become chairman of the advisory board of kgs. Weinmann founded Cancom and managed it for many years. He therefore has relevant experience in scaling IT companies. Dr. Bernd-Michael Rumpf, former CEO of SAP Systems Integration AG and member of the extended management board of SAP AG, will join the Advisory Board.

Maxburg Beteiligungen III secured a majority stake in kgs in 2018, which GENUI is now acquiring. “We have supported kgs during a period of rapid growth in recent years,” says Moritz Greve, partner at Maxburg. “We are now pleased that kgs can consistently continue its development with the support of GENUI.” Maxburg will continue its commitment to kgs through a co-investment by Maxburg Beteiligungen IV.

For over 20 years, kgs has been helping companies migrate data and documents from SAP and other leading applications and archive them autonomously. Under the brand “tia®” — the intelligent archive — kgs combines all product modules into a common vision of an intelligent document archive. The Neu-Isenburg-based company is also a global SAP Value Added Solutions Partner and was the first company to receive official certification from SAP for its CMIS interface in 2022.