Since September 2022, the software developer FFUF, formerly Feil, Feil und Feil, which specializes in trades, construction and building-related services, has been supplementing the services of the leading software platform for trades businesses around Taifun, M-Soft, P Software & Services, extragroup and PraKom. Details of the transaction will not be disclosed.<\/p>\n
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, the majority of the shares were also sold in the Philippine subsidiary FFUF Manila Inc. and FieldPass GmbH, which specializes in licensing and operating cloud infrastructures for trade, assembly and building operations.<\/p>\n
FFUF, founded in 2009, specializes in the development of holistic digital solutions and the development of mobile apps and cloud applications. The company\u2019s portfolio of services ranges from digital consulting and design to connection to existing systems using the standardized FieldPass middleware. FFUF also offers other services such as roadmaps for digitalization, agile workshops and automation with sensors and robots. In total, the FFUF team consists of around 100 employees from 7 nations, including developers, product and project managers, UX and UI designers and business analysts, who are based in Ludwigsburg and Manila, Philippines.<\/p>\n","protected":false},"excerpt":{"rendered":"
BLOK acted as exclusive M&A advisor to the owners of digitization partner FFUF on the sale to the leading craftsmen platform in the DACH market.<\/p>\n","protected":false},"featured_media":5840,"template":"","meta":{"_acf_changed":false,"footnotes":""},"sektoren":[59],"class_list":["post-8103","deal","type-deal","status-publish","has-post-thumbnail","hentry","sektor-software-technology"],"acf":{"deal_target":"FFUF (Feil, Feil & Feil)","deal_relation":"sold to","deal_buyer":"Craft group of companies","deal_date":"20221020","deal_location":"Ludwigsburg","deal_blok_role":"Exclusive M&A advisor to the owners","deal_lead":"BLOK acted as exclusive M&A advisor to the owners of digitization partner FFUF on the sale to the leading craftsmen platform in the DACH market.","deal_transaction":"Company sale","deal_mandate":"Sell-side","deal_target_desc":"Software development for skilled trades, construction and building services, around 100 employees","deal_buyer_label":"Buyer","deal_buyer_desc":"Leading software platform for trade businesses in the DACH market, including Taifun, M-Soft and extragroup","deal_quote":"I am very pleased that we have found each other in the course of the further development of our companies and that we can offer our existing and future customers a wide range of services relating to the digitization process of the skilled trades.","deal_quote_author":"Alexander Feil, Partner Feil, Feil und Feil","deal_after_quote":"Bernd Sengpiehl (Group CTO): \u201eFFUF and its employees will benefit from our Group\u2019s many years of industry experience and contacts. 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 direction. We therefore see considerable synergies in the future partnership.\u201c\n\nBLOK acted as exclusive M&A advisor to Alexander and Philipp Feil. The sellers received legal advice from Melchers Rechtsanw\u00e4lte.\n\nAlexander Feil: \u201eIn Oliver, we found exactly the expertise and reliability that we absolutely needed for the challenging M&A process. In the end, it was the perfect collaboration for the next logical step in the entrepreneurial development of my brother Philipp and myself.\u201c\n\nAbout the Feil, Feil and 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, FieldPass GmbH was also founded, which focuses as a SaaS service provider on licensing and operating cloud infrastructures to automate processes in the trades, assembly and building operations in particular. The range of services includes, for example, 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, approx. 1\/3 of whom are based in Germany and 2\/3 in the Philippines.\n\nAbout the Craft group of companies: Seven software companies from Germany and Austria as well as a digital agency form a group of companies that supplies more than 20,000 businesses and 140,000 craftsmen with tailor-made software and aims to accelerate the digitalization 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, on the move and on the construction site. The group is backed by LEA Partners, a Karlsruhe-based technology investor. The CEO is Dominik Hartmann, who was long responsible for the cloud transformation of German software manufacturers in Microsoft\u2019s partner organization and later drove the digital transformation of small and medium-sized German companies as Managing Director of Lexware."},"yoast_head":"\n