PONTIS and Capexit realise UC4

Austrian firms PONTIS Venture Partners and Capexit have sold their stakes in UC4 Software to Carlyle for an undisclosed sum. UC4, based in Wolfsgraben, Austria, specialises in enterprise job scheduling and workload automation software enterprise job scheduling and workload automation software. It was founded in 1985 and received its private equity investment in July 2004, with TecNet and Capexit taking a minority shareholding alongside founder and CEO Franz Beranek, who remains a majority shareholder. Partners from TecNet, who took with them a number of investments, including UC4, formed PONTIS.

Gerhard Fiala, managing partner at PONTIS, said: “The reasons why we invested originally in UC4 were the outstanding management quality, the leading software technology and the market potential in this niche of infrastructure software. Now we see all that confirmed as we have been able to support the successful company developments, leading to a profitable growth and a top market position.”

UC4 is Carlyle’s second investment in its European technology investment fund, Carlyle Europe Technology Partners, the first being Personal & Informatik, a human resources software and services vendor. Michael Wand, a director at The Carlyle Group, said: “UC4 Software is a very impressive company, with a strong customer base, a unique and innovative product offering and a strong position in a stable market.”

The company has a customer base of 750 companies, and employs 145 people. In 2005 it generated revenues of €24.8m.