In this episode of “Investments & Exits”, Niklas Raberg, Investment Manager at Capnamic, and Jan Thomas talk about the takeover of Shore by Group One. The Munich-based software provider Shore, which specializes in appointment booking software and billing systems for SMEs, has been taken over by Group One, which operates throughout Europe. Group One, itself owned by Cinven and the Ontario Teachers’ Pension Plan Board, sees Shore as an important addition to its portfolio. With this takeover, Group One plans to further expand its digital solutions for small and medium-sized companies. Shore was founded in 2012 and has an eventful history, including crises and multiple changes of ownership. Before the takeover, Zalando founders Robert Gentz, Rubin Ritter and David Schneider as well as the Funke Group, Metro and Otto Capital, among others, invested in Shore. Niklas Raberg is part of the investment team at Capnamic, an early-stage venture capital fund with a focus on technology startups in German-speaking countries.
