EQS-News

CHAPTERS Group AG finishes successful 2023 financial year; Strong momentum continues in 2024

EQS-News: CHAPTERS Group AG / Key word(s): Preliminary Results CHAPTERS Group AG finishes successful 2023 financial year; Strong momentum continues in 2024 05.03.2024 / 08:05 CET/CEST The issuer is solely responsible for the content of this announcement. 2023 was a transformative year for CHAPTERS Group AG as the group made significant progress on several strategic initiatives in building the home for mission-critical businesses in Europe.

In 2023, 18 operating companies joined the group. mlog, a new VMS platform focusing on the French market was launched and CHAPTERS increased its ownership position in Fintiba.

The group also completed two successful funding rounds with strong support from its largest shareholders as well as a handful of new highly strategic world-class investors.

In 2024, the existing platforms already invested in three additional operating companies and CHAPTERS Group AG became a significant shareholder Software Circle, a UK based serial acquirer of vertical market software companies. In addition, CHAPTERS Group AG added several key hires to bolster the team at CHAPTERS Group AG for further growth.

CEO Jan-Hendrik Mohr comments:

“We’re thrilled with the progress we’ve made in 2023 and the start of 2024! In 2023, EBITDA has increased by c. 49% - and by c. 63% including the additional transactions in 2024. Over the course of the last 14 months, we’ve added two platforms and 21 companies to our group. Importantly, the additional talent we’ve brought in directly and through our acquisitions has solidified our position as the ideal place for operating and M&A professionals to call home.

In this new chapter, I’m thrilled that we’ve been able to double the total capital invested since December 2022. The pace and quality of M&A execution has been phenomenal, and we continue to witness many more value-accretive acquisition opportunities in the pipeline, in particular in the VMS segment. Our platforms are now active in seven countries. As importantly, we are seeing progress in organic growth across most operating companies, driven by our new operational initiatives and strong performance again by Bastian and his team at Fintiba in this period.