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LucaNet AG partners with Hg to build a global leader in Corporate Performance Management
LucaNet AG (“LucaNet”), a leading German-headquartered financial consolidation and planning software business, today announces that it has agreed a strategic investment from Hg, a leading global software and services investor. This marks a key milestone in the company’s growth and ambition to become a global leader in Corporate Performance Management software. Hg will invest a majority stake in the business alongside the current majority shareholders – Rolf-Jürgen Moll, Oliver Schmitz, and Dominik Duchon – who will maintain a substantial minority share and are eager to support the company in its next phase of growth. Mr. Duchon will go forward to serve as the CEO. Founded in 1999, LucaNet began with…
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Leading Software Houses LucaNet and Acumatica Become Strategic Technology Partners
LucaNet today announced the integration of LucaNet and Acumatica software products to offer users a simplified way to assimilate their accounting and statistical data in one place and easily create customizable reports, budgets, and consolidated financial statements and disclosures. LucaNet’s in-memory reporting technology and integrated budgeting and consolidation automations compliment Acumatica’s built-in business management applications to remove complexity from the financial processes to improve ease of use. With the commencement of this partnership, users can transform multiple data sets into meaningful insights, improving the quality of their decisions and the efficiency of their business. “Acumatica’s leading cloud ERP offering is the perfect back bone for LucaNet reporting,” said Rob Lawson, Managing Director…
