Bregal Unternehmerkapital Invests in Communardo Holding GmbH

Communardo Group Acquires SWNetwork

December 2, 2025

IT Services

Communardo Group has acquired Atlassian and DevOps specialist SWNetwork, integrating the SWNetwork team to strengthen Communardo's DevOps capabilities and accelerate consulting and solution delivery. The move is an add-on acquisition supporting Communardo's growth strategy, which is backed long-term by funds advised by BU Bregal Unternehmerkapital.

Communardo Group Acquires Prepend

January 7, 2026

IT Services

The Communardo Group has acquired Dutch Atlassian Platinum Solution Partner Prepend, marking Communardo's entry into the Benelux region. The acquisition — supported by funds advised by BU Bregal Unternehmerkapital — keeps the entire Prepend team on board and aims to accelerate growth, realize synergies and strengthen Communardo's pan-European position in the Atlassian ecosystem.

Bregal Unternehmerkapital Acquires Majority Stake in Theobald Software

February 23, 2022

Software

Funds advised by Bregal Unternehmerkapital have agreed to acquire a majority interest in Theobald Software GmbH, a Stuttgart-based provider of SAP connectivity software. The investment will support Theobald's international expansion, increased R&D investment and continued product development in SAP interfaces; founder Patrick Theobald will retain a significant stake and step down from his management role.

Bregal Unternehmerkapital Acquires Majority Stake in BSI Software AG

July 4, 2024

Cloud & SaaS

Funds advised by Bregal Unternehmerkapital have acquired a majority stake in Swiss CRM and CX software provider BSI Software AG. The transaction represents a full exit for Capvis Equity V LP and is intended to support BSI's continued product development and expansion across Europe while the founders and management retain a significant stake.

Bregal Unternehmerkapital Acquires Majority Stake in SEMA GmbH

April 12, 2022

Software

Funds advised by Bregal Unternehmerkapital have acquired a majority shareholding in SEMA GmbH, a German provider of 2D/3D CAD/CAM and ERP/CRM software for the timber construction, stair and sheet-metal fabrication markets. The seller was LEA Partners; VIA Equity and CEO Alexander Neuß retained minority stakes. Bregal said it will support SEMA's internationalization and invest in product development and sales professionalization.

Bregal Unternehmerkapital Makes Majority Investment in Billbee GmbH

November 8, 2023

Cloud & SaaS

Funds advised by Bregal Unternehmerkapital have made a majority investment in Billbee GmbH, a Twistetal-based provider of multichannel e-commerce SaaS for small retailers in the DACH region. Billbee will serve as the nucleus of an e-commerce software group to pursue organic growth and add-on acquisitions; founder Jan Krause will retain a stake and the company will continue to be led by Managing Director David Pohlmann.