The acquisition was supported by Keensight Capital (“Keensight”), one of the leading private equity managers dedicated to pan-European Growth Buyout* investments and Quanos’ majority shareholder since February 2023.
Headquartered in Karlsruhe, Germany, plusmeta helps international, blue-chip clients analyze complex technical documentation with unrivalled ease of integration and interoperability. plusmeta’s software enables businesses to digest and analyze unstructured data and integrate it into existing processes and systems, across multiple formats.
Since its inception in 2019, plusmeta has experienced rapid growth by harnessing a proprietary mix of AI including machine learning, pattern matching, large language models and rule-based systems.
The acquisition further strengthens Quanos’ technological capabilities and enriches its leading suite of solutions which are offered to over 1,000 customers globally, enabling the digitization of their aftersales services. Both companies have been cooperating closely for some time given the complementarity of their offerings. Quanos will add significant value for its customers by integrating plusmeta’s capabilities.
Nikolaus Scholz, CEO of Quanos, commented: “Consistently bringing new technologies to our customers has been a challenge we have solved for more than 20 years. Today, we are making another important contribution to help our customers in their digitization journey. The cutting-edge technical expertise of plusmeta will further strengthen our offering with the incremental use of artificial intelligence, knowledge graphs, pattern recognition and related fields of application."
Jan Oevermann, CEO of plusmeta, highlighted: “Our partnership with Quanos is an important milestone for plusmeta in the development of our solutions. We will benefit from the experience and market access of a leader in the areas of technical documentation, content delivery, spare parts catalogues, and aftersales systems. Our joint technology in the automated analysis and enrichment of documents will deliver a true digital twin for technical documentation to our customers.”
Stanislas de Tinguy, Partner at Keensight Capital, concluded: “Keensight Capital is delighted to have supported Quanos with the acquisition of plusmeta. The combination will significantly strengthen Quanos’ technological capabilities, expand their suite of solutions and help accelerate the group’s growth.”
* Growth Buyout: investment in profitable, private companies experiencing strong growth, in minority or majority positions, with or without leverage, using a flexible approach tailored to the needs of individual entrepreneurs, in order to finance organic growth projects, acquisition strategies or provide historic shareholders with liquidity.
Quanos - the association of software experts who develop unique software solutions for aftersales, service and technical documentation. More than 1,000 customers worldwide trust the innovative, successful and reliable technology offered by Quanos. Our 270 employees have more than 20 years of market experience and contribute to the uniqueness of Quanos: we work closely together, complement each other and benefit from each other's know-how. True to our motto "Passion for smart information", we live our mission every day: we help people understand machines better. For more information, visit www.quanos.com
Founded in 2019, plusmeta provides AI-driven, cloud-based software to make technical information more intelligent. The business uses applied research and cutting-edge technology to support customers with their technical document digitalization processes. plusmeta’s software analyzes complex information using artificial intelligence and generates associated metadata and semantic structures. Its solutions enable modern applications which rely on intelligent data, including “human-in-the-loop” collaboration with AI. For more information, visit www.plusmeta.de
About Keensight Capital
Keensight Capital (“Keensight”), one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. For over 20 years, Keensight Capital’s team of seasoned professionals has leveraged their knowledge of investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €10 million to €400 million.
Drawing on its expertise in the Technology and Healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with management teams to develop and achieve their strategic vision. Keensight Capital's success has also earned it a Gold Award from the Private Equity Exchange & Awards each year for the last six consecutive years, and in particular, the Best European Growth Private Equity Fund.
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