The m: access-listed EQS Group takes a stake in the Bonn-based C2S2 GmbH. A share of 23 percent in the company is acquired and a purchase option for the other shares has also been secured. The purchase price of the participation is in the lower single-digit million euro range, according to the Munich-based company. The purchase price is financed from the proceeds from the issue of the latest capital increase at EQS.
C2S2 is a SaaS provider for policy management. The company sells a service for the clear communication of company guidelines under the brand Rulebook. “The start-up employs 5 people and with Rulebook has created a pioneering digital application that is used by around 10 customers, including AUDI AG and the REWE Group,” says the EQS Group. The listed company did not provide any information on the financial figures of the new investment on Tuesday.
“Rulebook thinks policy management on the part of those who have to implement the recommendations for action every day, namely the employees. We see this as a further building block for our product range as a cloud provider for corporate compliance and we are very happy that Aram Kaven-Moser and his team want to go this way with us, ”says Achim Weick, CEO of EQS Group AG.
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