Tech: Holland Capital’s acquisition of OnePLM
Armstrong is pleased to have provided Commercial Due Diligence (CDD) for Holland Capital in support of its acquisition of OnePLM, to complement the existing digital consortium Magnus Digital, Dimensys, Cards PLM Solutions and Appronto in which Holland Capital is co-shareholder.
With over 25 years’ experience, OnePLM is the market leader in Siemens Digital Industries Software in the UK & Ireland, who have built a reputation in successfully delivering Siemens software solutions, technical consultancy and support services to the world’s leading engineering and manufacturing businesses.
The acquisition aims to contribute an important role in the digital transformation of the manufacturing industry, also known as ‘Industry 4.0’. In addition, the collaboration is the next step in a buy and build strategy with ambitions of becoming one of the leading parties in Western Europe.
Armstrong’s Commercial Due Diligence (CDD) examined market and competitive trends at both the vendor and reseller level; assessed OnePLM’s opportunity to expand its coverage of the Siemens suite and address larger, more complex clients.
The OnePLM management team was open and supportive throughout this process, providing useful insights into the business and overall market.
Mike Callow, Partner, Armstrong, said: “OnePLM is a leading partner for Siemens and the group backed by Holland is uniquely well placed to become a full-service partner across the suite and drive the digital transformation of the industrial sector, we wish them well on their journey.”
To find out Armstrong’s view on opportunities in the Technology sector please contact;
Mike Callow, Partner