EMERAM Capital Partners Invests in CoCoNet AG to Fuel Expansion

Munich, 29 April 2024 – EMERAM Capital Partners, a key investor in medium-sized businesses within the German-speaking region, has announced its acquisition of CoCoNet AG, a provider of corporate banking software solutions. CoCoNet, established in 1984 and based in Düsseldorf, specializes in digital payment and cash management systems to improve customer banking interfaces without overhauling existing core banking architectures.

The acquisition supports CoCoNet's expansion beyond Germany into markets like Italy, the Netherlands, the UK, Switzerland, and Austria. CoCoNet continues to develop its product offerings, including the multi:bank and multi:hub platforms, crucial for European standardized banking environments, and its newly introduced multi:versa platform for enhanced customer interfacing.

Björn Hassing, Co-CEO of CoCoNet, expressed enthusiasm about joining forces with EMERAM to leverage opportunities for growth and maintain high service standards for current clients. Dr. Alexis Tran-Viet and Dr. Johannes Benzing from EMERAM highlighted the strategic acquisition as part of their thematic sourcing strategy focused on technology investments with substantial market potential and recurring revenue streams.