Since September 2022, the software developer FFUF, formerly Feil, Feil und Feil, which specialises in crafts, construction and building-related services, has supplemented the services of the leading software platform for crafts businesses around Taifun, M-Soft, P Software & Services, extragroup and PraKom. Details of the transaction will not be disclosed.
The previous owners, Alexander and Philipp Feil, will remain associated with the group in an advisory capacity after the transaction. In addition to Feil, Feil & Feil GmbH in Ludwigsburg, which focuses on the development of individual mobile and cloud apps, their Philippine subsidiary FFUF Manila Inc. and FieldPass GmbH, which specialises in the licensing and operation of cloud infrastructures for trade, assembly and building operations were sold as well
Founded in 2009, FFUF specialises in the development of integral digital solutions and the development of mobile apps and cloud applications. The portfolio of services ranges from digital consulting and conception to connection to existing systems through the standardised Middleware FieldPass. In addition, FFUF also offers other services such as roadmaps for digitalisation, agile workshops or automation with sensors and robots. In total, the FFUF team consists of around 100 employees from seven nations, such as developers, product and project managers, UX and UI designers and business analysts, based in Ludwigsburg and Manila, Philippines.
Alexander Feil (Shareholder Feil, Feil and Feil): “I am very glad that we have found each other in the course of our companies‘ further development and that we can offer our existing and future customers a wide range of services around the digitalisation process of the crafts sector.”
Bernd Sengpiehl (Group CTO): “FFUF and its employees will benefit from the many years of industry experience and network of our Group. With its excellent reputation in the industry and its cutting-edge expertise in the areas of mobile applications and cloud technology, the company is an ideal fit for our strategic orientation. We therefore see significant synergies in the future partnership.”
BLOK acted as the exclusive M&A advisor to Alexander and Philipp Feil. Melchers Rechtsanwälte provided legal advice to the sellers.
Alexander Feil: “In Oliver, we found exactly the expertise and reliability that we absolutely needed for the demanding M&A process. In the end, it was the perfect cooperation for the next logical step in the entrepreneurial development of my brother Philipp and me.”
About Feil, Feil & Feil Group:
Feil, Feil & Feil GmbH was founded in Ludwigsburg in 2009 and develops individual apps and cloud applications for the building-related trades together with FFUF Manila Inc. In May 2021, SaaS service provider FieldPass GmbH was also founded, which focuses primarily on the licensing and operation of cloud infrastructures to automate processes in the trades, assembly and building operations. The range of services includes the creation of digital roadmaps, conception and design of interfaces, programming of apps and cloud components and subsequent operation. The company employs around 100 people, 1/3 of them in Germany and 2/3 in the Philippines.
About the Craft Group of Companies:
Seven software companies from Germany and Austria as well as a digital agency form a corporate group that provides a total of more than 20,000 businesses and 140,000 craftsmen with customised software and aims to accelerate the digitalisation of the industry. The accumulated customer turnover amounts to more than 14 billion euros. TAIFUN, M-SOFT, P Software & Service, extragroup, bauOffice, Engel Dataconcept, PraKom and FFUF offer sophisticated industry solutions. Based on comprehensive commercial solutions, customers are supported in order processing, merchandise management and accounting in the office, mobile and on the construction site. The group is backed by LEA Partners, a technology investor based in Karlsruhe. The CEO is Dominik Hartmann, who was long responsible for the cloud transformation of German software manufacturers in Microsoft’s partner organisation and later drove the digital transformation of small and mid-sized German companies as managing director of Lexware.