The PROLOGA Group has a new shareholder

The PROLOGA Group has a new shareholder: Who is investing and why?‍

The PROLOGA Group (“PROLOGA”), a leading software provider in the SAP partner universe with a clear focus on the circular economy and utility industry, is pleased to announce the investment by Afinum 9 in the company. This partnership marks a significant milestone in the company’s history and underscores PROLOGA’s commitment to continuous growth and innovation. The PROLOGA Group has existed since 2001 and today comprises three IT companies. With currently around 70 employees at locations in Halle (Saale) and Oldenburg (in Oldenburg), they support utility and waste management companies worldwide.

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Why is PROLOGA particularly interesting for Afinum?‍

The PROLOGA Group stands at the forefront when it comes to the intelligent use of sustainable energies and the optimization of value-adding processes in the circular economy. Our solutions are tailored to help utility and waste management companies with their business-critical processes and to support them in mastering the challenges of a constantly changing industry. With a unique mix of first-class expertise and a strong entrepreneurial vision, we continuously set new standards and drive development in our industries. As a recognized expert for SAP Waste and Recycling, including SAP S/4HANA for waste and recycling, environmental services add-on by PROLOGA, we offer the specialized know-how required to successfully design complex processes in the circular economy. Our long-standing experience is also reflected in the energy sector. Our solutions, such as the add-on SAP S/4HANA Utilities extensions for meter to cash processes by PROLOGA, are specifically tailored to the needs of electricity, gas, and water utilities. Through our innovative SAP Store solutions, we are not only well-equipped for current topics such as Redispatch 2.0, adjustments in market communication or the Gas Cooperation Agreement, but also actively engage with the transformation of the energy industry towards a climate-neutral future.

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What happens next?‍

Afinum’s investment in the PROLOGA Group underscores the commitment of both parties to exploit the group’s organic growth potential and further expand its close partnership with SAP SE. Building the organization, strengthening consulting and product development capacities, and promoting sales and marketing functions will help to continuously improve customer service and reach. The focus remains on industry-focused software solutions and the PROLOGA Group as a competent, reliable, and at the same time creative partner for all processes involved in the circular economy and energy industry.

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Background Afinum‍

Afinum, founded in 2000, is an independent mid-market investor that invests in leading and uniquely positioned medium-sized companies. The fund Afinum 9 focuses on transition and succession situations in the four verticals “Software & TMT”, “Healthcare”, “Industrial Technology” and “Consumer & Internet”. The acquisition of the PROLOGA Group, as the second thematic investment in an SAP partner, thus seamlessly fits into Afinum 9’s strategy. “PROLOGA stands out as a vertical champion in the SAP ecosystem and is known for its industry-leading software solutions, which are uniquely positioned in connection with a deep understanding of its customers’ core processes,” says Burkhard von Wangenheim, Managing Partner of Afinum Management GmbH.