SUSE Software Solutions Germany GmbH
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SUSE Software Solutions Germany GmbH - overview
Established
1992
Location
Nurnberg, -, Germany
Primary Industry
Software
About
SUSE Software Solutions Germany GmbH, based in Nurnberg, Germany, specializes in open-source software solutions for enterprise servers and cloud environments, focusing on enhancing business-critical applications and container management. Founded in 1992 in Nurnberg, Germany, SUSE Software Solutions Germany GmbH provides open-source software solutions. The company underwent a recent transition with a Public to Private Secondary Buyout, where EQT acquired a 19. 2% minority stake for EUR 525.
6 million on August 17, 2023. The company has completed a total of 7 deals to date. The leadership team includes Anil Kalyan, Dirk-Peter van Leeuwen, Melissa Di Donato, and Nils Brauckmann. SUSE offers a robust suite of open-source software solutions designed primarily for enterprise servers and cloud environments.
Key products include SUSE Linux Enterprise Server, an operating system for critical business applications, and SUSE Rancher, a platform for Kubernetes management. Their solutions, such as SUSE for SAP applications, cater to various sectors, including automotive and telecommunications, serving over 60% of Fortune 500 companies across North America, Europe, and Asia. In the most recent financial year, 2023, SUSE reported a revenue of EUR 112,078,516. 40 and an EBITDA of EUR 22,246,506.
30. Revenue is primarily generated through subscription models for their software solutions, allowing clients access to updates, support, and training through annual or multi-year agreements. Following the recent acquisition by EQT in August 2023, SUSE Software Solutions Germany GmbH plans to leverage this investment to enhance its operational focus and execute its long-term strategies. This includes the development of new products aimed at increasing efficiency in cloud-native and edge computing environments.
Specific targets for market expansion are not detailed; however, the company aims to solidify its presence in existing geographical markets and explore new opportunities.
Current Investors
GIC, Capital Research Company, Ardian
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Operating Systems (OS)
Website
www.suse.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
SUSE Software Solutions Germany GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Losant IoT, Inc. | - | ||||||||
| Add-on | Completed | StackState B.V. | - | ||||||||
| Public to Private, Secondary Buyout | Completed | SUSE Software Solutions Germany GmbH | - | ||||||||
| LP Direct, PIPE | Completed | SUSE Software Solutions Germany GmbH | - | ||||||||
| IPO | Completed | SUSE Software Solutions Germany GmbH | - |
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