MMC Finance has successfully advised coress GmbH on the strategic acquisition of KAI software, the customers, and the employees of CCN Richter. coress GmbH offers the nationally established daycare software kitamaster. While kitamaster supports both operators and their daycare centers with comprehensive functions, KAI focuses on administration and billing in government agencies and municipalities.
By acquiring CCN Richter, coress is not only expanding its product portfolio, but also benefiting from CCN Richter’s valuable expertise and existing customer relationships.
The acquisition enables coress to strengthen its position in the field of innovative software solutions for daycare centers. The transaction successfully secured the succession for CCN Richter.
“The acquisition of CCN Richter is an important step for coress in advancing our vision of digital transformation in the education sector,” emphasizes Manfred Bierei, managing director of coress. “The transaction will enable us to offer even more effective and comprehensive solutions to additional customers.”
MMC Finance played a decisive role in the transaction by supporting the entire acquisition process. “We are delighted to have supported coress in this strategic acquisition. The combination of the two companies will have a positive impact on the development of digital solutions in the daycare sector,” says Dr. Michael Wehrheim, Managing Director of MMC Finance.
The acquisition of CCN Richter is a significant step in coress’ growth strategy and is expected to lead to an increased market presence in the coming months.
For more information about the acquisition and coress’ future steps, please visit the websites of www.kitamaster.de and CCN Richter.
