AUVESY GmbH & Co KG

Based in Germany, AUVESY GmbH & Co KG provides advanced version control and backup management solutions for industries such as automotive and energy, enhancing operational efficiency and security. AUVESY GmbH & Co KG specializes in version control and backup management solutions. Founded in 2007 in Landau, Germany, the company has not undergone significant pivots or changes in its business model. The current CEO is Tim Weckerle.

The company has completed three deals, with the most recent on May 14, 2021, when AUVESY merged with MDT Software Inc. , a portfolio company of Hg, to form AUVESY-MDT. The latest funding round, a Secondary Buyout, raised GBP 7. 400 mn, which matched the total amount raised by the company.

AUVESY GmbH & Co KG specializes in providing advanced version control and backup management solutions tailored for various industries, including automotive, energy, and logistics. Their flagship product, octoplant, integrates functionalities for managing automation devices such as PLCs, HMIs, and SCADA systems, enabling users to minimize downtime and streamline recovery processes in the event of system failures. With automated backups and version tracking, octoplant addresses critical challenges like undetected changes and cybersecurity threats, thereby enhancing operational resilience. The company's solutions cater to a diverse client base, ranging from manufacturing enterprises to system integrators, primarily in North America, Europe, and Asia.

In the most recent financial year, 2021, AUVESY GmbH & Co KG reported a revenue of GBP 19,951,189 and an EBITDA of GBP 10,479,989. The company operates on a subscription-based revenue model, offering clients access to its innovative software solutions through various pricing tiers designed to accommodate different organizational needs. Transactions typically involve B2B agreements, where clients subscribe to octoplant for a fixed term, allowing them to leverage its comprehensive version control and backup capabilities. The merger with MDT Software Inc.

in May 2021 aims to enable AUVESY-MDT to leverage future product investments and accelerate innovations. The combination will enhance product features and device libraries while transitioning to a subscription model. AUVESY plans to expand into new markets, particularly in North America and Asia, aiming to enhance its presence in these regions by 2023.