Quantum Partners advises the shareholders of Somentec AG on the sale to Stadtwerke Schwäbisch Hall GmbH
Software / Billing / Utilities
The constant transformation in the gas/water/electricity supply sector and the ongoing liberalization require ever more comprehensive IT solutions, especially in the area of customer billing. The partial decentralization of the energy supply leads to increased complexity within utility networks. As a result, network operators have to equip their electricity and gas networks with new metering, information and communication technologies.
The software products developed by Somentec AG are the result of many years of experience in this field. They enable the creation of unique solutions, e.g. in the areas of automated invoicing, claims management / mass account management, and contract management as well as technical equipment and facility management.
The aim of the joint project was to restructure the shareholder base. Some of the shareholders who had invested since the company was founded wanted to sell their shares, while the management wished to involve a strategic partner. With Stadtwerke Schwäbisch Hall GmbH, Somentec found a partner who can support the expansion of the customer base. The manpower of Stadtwerke Schwäbisch Hall GmbH can also be used to expand customer service.
Somentec Software AG, founded in 1994, is a software and consulting company focused on supporting energy, water and heat suppliers as well as contracting companies and operators of closed distribution networks. Its software XAP allows business processes to be controlled automatically.
About Stadtwerke Schwäbisch Hall
Stadtwerke Schwäbisch Hall GmbH supplies electricity, natural gas, heat and water, operates natural gas filling stations and electric charging stations as well as swimming pools and parking facilities. Under the SHERPA-X brand, it offers energy management services and billing software for municipalities, heating suppliers, network operators, public utilities and other energy distribution companies.
About Quantum Partners
Quantum Partners GmbH, headquartered in Munich, is a specialized corporate finance advisor that supports clients in company transactions as well as in finding financing.