Management Board and Supervisory Board of PSI Software SE Recommend Acceptance of Warburg pincus Takeover Offer
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berlin, November 28, 2025 – The Management Board and Supervisory Board of PSI Software SE (“PSI”) have published their joint reasoned statement regarding the voluntary public takeover offer from Zest Bidco GmbH (“Bidder”), a holding company indirectly controlled by funds managed by Warburg Pincus LLC (“Warburg Pincus”), to PSI shareholders.
Following a careful and independent review of the offer document published on November 17, 2025, both boards recommend shareholders accept the offer. They support the Bidder’s strategic objectives for PSI’s future development and the safeguards in place for the Company’s key stakeholders as outlined in the Investment Agreement.
The boards believe the offer price of EUR 45.00 per PSI share is fair, reasonable, and attractive. This represents an approximately 84 percent premium to the XETRA closing share price on October 8, 2025 (the last undisturbed price before takeover speculation) and a 63 percent premium to the undisturbed three-month volume-weighted average share price prior to that date.
The Management Board and Supervisory Board,advised by Goldman Sachs Bank Europe SE,believe the offer allows shareholders to realize a substantial portion of PSI’s future value potential instantly,mitigating execution risks associated with the Company’s ongoing conversion. Goldman Sachs has issued an opinion confirming the fairness of the offer price.
“Partnering with Warburg Pincus marks a pivotal moment in our growth journey,” said Robert Klaffus, CEO of PSI. “Together, we are accelerating our transformation into a leading provider focused on Software-as-a-Service, cloud-native solutions, and Industrial AI. This offer demonstrates strong trust in our strategy and future, and is in the best interest of our shareholders, employees, customers, and all stakeholders.”
Uwe Hack, Chairman of the Supervisory Board, added: “Following a thorough review of the strategic and financial aspects, we are confident that this offer represents a great chance for PSI and its shareholders. The proposed price is an attractive reflection of PSI’s value and potential.”
Deutsche Börse Completes Acquisition of SimCorp, Strengthening Position in Investment Management
2025/11/28 08:53:10 – deutsche Börse Group has finalized its acquisition of SimCorp, a leading provider of integrated investment management solutions. The completion of the deal, initially announced in July 2023, significantly expands Deutsche Börse’s capabilities in the asset management technology space and reinforces its commitment to providing a comprehensive suite of services to financial institutions globally. Deutsche Börse Proclamation
Strategic Rationale for the Acquisition
The acquisition of SimCorp aligns with Deutsche Börse’s strategy to diversify its revenue streams and become a leading provider of technology solutions for the financial services industry.SimCorp’s Dimension platform is a widely used integrated investment management system, serving a broad range of asset managers, asset owners, and financial institutions. By integrating SimCorp’s technology with its existing offerings,Deutsche Börse aims to create a more holistic and efficient ecosystem for its clients.
Expanding Deutsche Börse’s Technology Portfolio
Deutsche Börse has been actively investing in technology to enhance its services and drive innovation. The addition of SimCorp complements existing investments in areas such as data analytics, cloud computing, and digital asset solutions. This acquisition allows Deutsche Börse to offer a more comprehensive range of solutions, from trading and clearing to post-trade services and investment management technology. SimCorp Website
Synergies and Future Integration
Deutsche Börse expects to realize significant synergies through the integration of SimCorp. These synergies will be achieved through cross-selling opportunities, technology integration, and operational efficiencies. The company plans to leverage its global reach and client base to accelerate the growth of SimCorp’s business. The integration process is expected to take several years, with a focus on maintaining continuity of service for existing SimCorp clients.
Impact on the Investment Management Industry
The acquisition is expected to have a significant impact on the investment management industry. By combining Deutsche Börse’s market infrastructure expertise with SimCorp’s technology capabilities, the combined entity is well-positioned to address the evolving needs of asset managers and asset owners. This includes increasing demand for automation, data analytics, and regulatory compliance solutions.
Key Takeaways
- Deutsche Börse has completed the acquisition of SimCorp.
- The acquisition strengthens Deutsche Börse’s position in investment management technology.
- SimCorp’s Dimension platform will be integrated with Deutsche Börse’s existing offerings.
- Significant synergies are expected through cross-selling and technology integration.
- The acquisition is expected to benefit clients by providing a more comprehensive suite of services.
FAQ
Q: What is SimCorp’s Dimension platform?
A: Dimension is an integrated investment management system used by asset managers, asset owners, and financial institutions to manage their entire investment lifecycle, from portfolio management and trading to accounting and reporting.
Q: How will this acquisition affect existing SimCorp clients?
A: Deutsche Börse is committed to maintaining continuity of service for existing SimCorp clients.The integration process will be carefully managed to minimize disruption.
Q: What are the expected synergies from the acquisition?
A: Synergies are expected through cross-selling opportunities, technology integration, and operational efficiencies.
Q: When was the acquisition initially announced?
A: The acquisition was initially announced in July 2023. Reuters – Deutsche Börse Agrees to Buy SimCorp
Looking ahead, Deutsche Börse is focused on successfully integrating SimCorp and leveraging the combined strengths of the two companies to deliver innovative solutions to its clients and drive long-term growth.