IT Capital Partners

At IT Capital Partners, our passion lies at the intersection of people and technology. We provide profitably growing IT-Service firms with growth capital and operational expertise to reach the next level of their evolution.

Therefore, we partner with founders and invest alongside them and their teams.

Investment criteria:

✅ IT-Service firms only ("People, Passion & Technology")
✅ Profitable >€500.000 EBIT with growth DNA and Team
✅ DACH-Region and Europe

It's more than just an investment for us; it's a commitment to shaping the future. We believe in harnessing the potential of IT. 

This conviction drives us to form enduring partnerships with visionary entrepreneurs.

Managing Partner

Founder360 GmbH

Founder360 incorporates my software industry excellence as operative managing director, private equity investor and as investment banker. My advisory services are complemented by a network of proven industry and finance-tech experts.

This enables me to advise clients appropriately on strategic, complex and most impactful challenges. I put the client on an eye level with other market participants.

💡 My service areas include:
- Strategic financial sparring for Founders and Managing Directors
- Senior buyside advisory for LargeCap Buyout funds in the SaaS and IT-Service domain
- Senior buyside advisory for Strategic accounts in SaaS and IT-Service

Mandates inlcuded inter alia:
- Senior Advisor (for PE) leading FDD and Valuation Opinion for private takeover attempt of listed SaaS firm
- Senior Advisory (CEO) for a global SaaS business held by global Private Equity fund
- Senior Advisor Software for Bankhaus Metzler
- Senior Advisor for delphai (CEO) sold to Intapp (NASDAQ:INTA)
- Senior Advisor for nonplusultra (Founder)

✉️ PM-me or drop me an email: eike@founder360.de

Founder & Managing Director

Cloudflight

Cloudflight is now one of the largest European IT-Services companies with >1.000 FTEs operating out of five countries and aroun EUr 100 million in revenues. Jointly with its customers, Cloudflight designs, builds and operates tailor-made software solutions, products, and platforms to grow their digital business. 

Within 2,5 years Cloudflight scaled its operations from c. 300 to 1.000 employees, expanded into four 
 countries, and complemented the value chain into AI-, HMI/IIoT-, and headless eCommerce software development. Cloudflight more than tripled revenues and EBITDA in that time and even expanded its KPIs far beyond industry benchmark.

🚀 Within 2021 I executed three transactions {Cognostics AG, macio GmbH, Divante) together making Cloudflight a truly European powerhouse in individual software development, with exceptional talents across six countries. 
 
The exceptional people and culture at Cloudflight is recognized by awards such as:
🏆 No.1 IT-Company in DACH for work-life-balance (by Kununu)
🏆„Best Leader-Behavior“-Award in Austria (by Kununu)
🏆 Top 2022 Company (by Kununu)

I was appointed Managing Director in all operating as well as holding entities established by Deutsche Beteiligungs AG. In total 8 entities in five countries. I signed responsible for Finance, Legal, M&A, People Operations and Compliance (incl. ESG).

Managing Director & CFO

CORE smartwork GmbH

Industry sector: B2B Software (transitioning SaaS) 
Employees: ~ 10

Shareholder Representative

TeamEcho GmbH

Results: 
✅ Negotiated pre Series A round led by Seed + Speed (Carsten Mashmayer),  Runtastic Founders Geschwandter, and Austrian HighTech Fund.
✅ Helped the founders to become independent of Cloudflight e.g. by setting-up at arms-length rental and development contracts
✅ Since its inception, Cloudflight supports the founding team in developing the software product and successfully building the company

Industry sector: B2B SaaS
Employees: ~ 30

Shareholder Representative 

myneva Group GmbH

Results: 
✅ Reorganized and digitized the group-wide finance and accounting.
✅ Established a consistent banking and investor reporting (LucaNet).
✅ Streamlined finance processes.
✅ Transitioned a perpetual license model into a SaaS-based offering.
✅ Implemented incentive schemes for sales representatives.

Industry sector: B2B SaaS 
Employees: ~ 180

Interim Chief Financial Officer (CFO)

numares AG

Results: 
✅ Led five team members and took responsibility for finance & administration, HR and legal matters.
✅ Implemented a new financial consolidation tool (LucaNet).
✅ Reworked monthly reporting for mgmt. and investor base. 
✅ Identified and negotiated >€200.000 yearly EBITDA savings and initiated cost measures in new Budget.
✅ Implemented a new cloud-based HR system (Personio).

Industry sector: B2B Software
Employees: ~ 50

Chief Financial Officer (CFO)

Virtalis

Industry sector: Virtual Reality Software
Employees: ~ 50

Observer of the advisory board

Modula Gesellschaft für digitale Transformation mbH

Results:
✅ Executed buy and build with three add-ons (cimdata software GmbH, syncos GmbH, Logis GmbH) 

Industry sector: Enterprise Software (integrated ERP platform)
Employees: ~ 150

CrossLink GmbH

Results: 
✅ Bought out of insolvency and restructured finance, HR, sales.
✅ Negotiated all creditor relationships from insolvency proceedings.
✅ Established new banking relationship and credit facilities.
✅ Hired new Head of Sales. 
✅ Brought-in a sector veteran as investor. 

Industry sector: Automotive manufacturing
Employees: ~ 60

Member of the advisory board

I'm Eike, a passionate investor and previous operating CFO with a strong focus on IT-Service companies.

As the founder of IT Capital Partners, I'm dedicated to driving growth and innovation in this dynamic sector. My mission is clear: to invest in people, passion, and IT-Service companies that exhibit the following characteristics:

✔️ A people-centric culture, -leadership, and -performance.
✔️ Annual revenue ranging from EUR 5 to 30 million.
✔️ A EBIT of  EUR >2 million (for add-on also less).
✔️ Located in German-speaking Europe (core) or near-shore locations.

💼 What I do:
At IT Capital Partners, my vision is to elevate IT-Services companies within the "Mittelstand" by infusing financial expertise and growth capital. My aim is to empower these companies to compete on a global stage alongside market leaders.

🌐 The future I envision:
I firmly believe that the future is shaped by data and software, expertly handled by people providing deep-tech services. Every innovation gains true value when it is digitally manufactured (software development), globally marketed (Cloud, Web3.0), seamlessly connected (IoT, Edge), rigorously analyzed and optimized (big data & AI), and fortified against threats (cybersecurity).

📩 Get in Touch:
If you are the owner or Managing Director of an IT-Service company, I invite you to connect with me. Let's explore how I can assist your business in reaching the next level of success.

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