Munich, 2 May 2019

TID Informatik GmbH was founded in 1992 by Robert Schäfer as a service provider in the field of technical documentation. Today TID is a successful and strongly growing software company, which offers the market-leading software platform CATALOGcreator® for electronic spare parts business, service information systems and portals in Germany. TID Informatik GmbH is headquartered in Inning am Ammersee and has a branch office in Amberg. TID Informatik has 50 employees at both locations and plans to grow further in the coming years.

SCHEMA and TID, as well as the respective management teams, are convinced that an even more intensive strategic cooperation can further strengthen the already impressive growth of the two companies.

With 180 experienced and highly qualified employees at 3 locations in Bavaria, the new group of companies serves approx. 500 active software customers. The management of both companies will continue to develop the joint group of companies with the same staff.

By intensifying their cooperation, the two companies promise their existing and future customers even better integration of (technical) documentation and after-market business, especially in the spare parts trade and customer service/maintenance. For the increasing digitalization in the German industry, the increasing networking - from the construction up to the After-Market - and the rising quantity of available data the new entrepreneurial group with 3 software products offers the technologically suitable and integrated solution from a single source.

During the preparation and execution of the transaction, the shareholders of TID were supported and advised by Concentro Management AG.

Project team Concentro: Michael Raab (Partner), Sebastian Mink (Principal), Julia Albert (Consultant), Julian Schiener (Consultant)