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HEGCF – Drake Star Partners Advises HYPE Innovation on the Majority Acquisition by Main Capital
MUNICH (April 9, 2019) – HYPE Innovation, a leading international provider of idea and innovation management software announced the majority acquisition by Main Capital. With its highly scalable solutions, HYPE Innovation helps its customers to connect and empower people to increase revenue, save costs, improve processes, and master the digital transformation. Main Capital will actively support HYPE Innovation in maintaining its strong growth momentum by further internationalizing the business and extending the value proposition for its customers. Drake Star Partners acted as exclusive financial advisor to HYPE and its shareholders on this transaction.
HYPE Innovation is a leading software specialist in the fast-growing enterprise innovation software market. The company’s offering supports customers harnessing the collective intelligence of employees, customers, and partners by collecting and managing ideas and turning them into business cases. HYPE Innovation serves a well-diversified, global blue-chip customer base with 220+ customers across various industries, such as Airbus, BASF, Bayer, Bombardier, Bosch, Continental, Deutsche Post DHL Group, Fujitsu, Liebherr, Mattel, Munich RE, Nokia, Osram Roche, Saudi Aramco, Siemens, ThyssenKrupp, Toyota, Volvo, Volkswagen.
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