16 June 2023

SPH strengthens capital base for further growth

With Marondo Capital, SPH AG has gained a financially strong partner for further growth. The innovative financial investor Marondo Capital is taking over the majority shareholding of the founder Peter Hartmann, who left the operational management back in 2014. Together with the company’s proven management team, the partners aim to strengthen the company with new capital and develop it into the leading digitalisation expert for the fashion, sports and lifestyle industry.

Marondo Capital will actively support SPH in the future to independently maintain the previous strong growth and to drive the expansion of the product and service portfolio. The other shareholders of SPH, all members of the Executive Board and Supervisory Board, see Marondo Capital as the ideal partner for the company and thank the company’s founder Peter Hartmann for the many years of trustful and successful cooperation.

SPH AG, based in Sindelfingen, Germany, is an IT and consulting company that has been a major player in the digitalisation and ERP solutions for the fashion, sports and lifestyle industry since 1975. The company offers manufacturers and retailers an innovative software solution based on Microsoft Dynamics 365. Supplemented by the fully integrated industry solutions IN:OMNICHANNEL and IN:FASHION, the specific requirements of customers are perfectly mapped.

Marondo is an innovative investment company for fast-growing, technology-focused companies of the next generation of SMEs in Germany and DACH. The fund invests through majority & minority transactions in companies in the classic German engineering disciplines, this includes the industry sectors medical technology, health technologies, software & IT, environmental technologies, new materials as well as industry 4.0. In addition to substantial expansion capital, Marondo offers liquidity solutions for existing shareholders.

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