ifunds enters German speaking market
ifunds confirms its growth ambition by entering the German speaking market
Acquisition of not-for-profit database division of Outcome Unternehmungsberatung gives ifunds a leading position in Germany
Amersfoort, Cologne, 15 September 2009 - ifunds Group B.V. announces that it has acquired the not-for-profit database division of the renowned Outcome Unternehmungsberatung based in Cologne, Germany.
Outcome has been active in the not-for-profit markets in Germany, Austria and Switzerland since 2001 with the three leading products Raise-it, Analyse-it and Charity.
The acquisition is ifunds' first step towards establishing a European presence. ifunds believes that it is becoming more and more important to help companies run their businesses across borders with mature software solutions. Support and services will be provided locally, but the companies' global synergies will be used to develop innovative products. 'We believe that the need to exchange information at an international level and use fundraising tools will become an absolute necessity as fundraising becomes more and more professional. The different types of support will also gain importance and will, of course, be reflected in the software solutions. We're pleased to be working in an environment that stimulates the exchange of ideas and contributes to the development of innovative software solutions,' says Reinhard Detering, Sales Director at ifunds Germany.
'We are very pleased and proud that we acquired this Outcome activity,' says Hans Gorter, Managing Partner of ifunds Group B.V..
'This acquisition makes us one of the five biggest suppliers of not-for-profit software and database services in Germany and enables us to expand our activities to Austria and Switzerland. Our goal is to be the number three company on the German speaking market.'
Dirk Bornhütter, Managing Partner ifunds GmbH & Technical Director Germany: “With the introduction of 'Raise-it' three years ago, we raised the standards for not-for-profit software to the highest level. The knowledge, experience and vision of our Dutch ifunds' colleagues will enable us to further develop the leading position we have in this product area. “
ifunds Germany GmbH will operate from its headquarters in Cologne and its subsidiary in Munich. The management team of ifunds Germany GmbH consists of Managing Partner (ifunds Germany GmbH) & Technical Director Dirk Bornhütter, Sales Director Reinhard Detering and Managing Partner (ifunds Group B.V.) Hans Gorter.
Among others, ifunds Germany GmbH boasts the following customers: Naturschutzbund (NABU) (Nature and Biodiversity Conservation Union), Oxfam Germany, Médecins sans Frontières Austria, Alzheimer Research Initiative and the Deutsche Stiftung Denkmalschutz (German Foundation for Monument Protection).
Gert-Jan Evers, Managing Partner ifunds Group/CEO Equitum Direct adds:
'The European market for not-for-profit software and database services is on the verge of consolidation. Small suppliers will make room for the big players in the coming years, and ifunds will develop into a leading European player.'