Management buyout at ppi Media as full steam ahead into future
Managing directors of ppi Media GmbH, Dr Hauke Berndt and Manuel Scheyda together with the strategic investor Alexander Eck have taken over the company as part of a management buyout.
With the management buyout, ppi Media is separating from the Eversfrank Group, which acquired the company from manroland AG in 2012, and will in future focus on its own core business. The software company with over 100 employees at its locations in Kiel, Hamburg and Chicago sells integrated software solutions. The solutions ranging from cross-media editorial systems to entire publishing workflows are distributed in more than 20 countries for customers who belong to the “who-is-who” of the international media industry.
The buyout enables ppi Media to focus its digital solutions on the challenges of the media industry. “We will invest even more specifically in products and markets that will strengthen and expand ppi Media’s position in the publishing industry in the long term,” says Managing Director Dr Berndt. “The decision to take the helm at ppi Media was an easy one. We are optimally positioned in a media environment characterized by innovation and change,” says Manuel Scheyda. In addition to the two managing directors, who together hold most of the shares, the strategic investor and IT entrepreneur Alexander Eck will become a shareholder of ppi Media GmbH and will advise the management on strategic issues.