Lucanet and Hg become partners
The company wants to provide reliable data for finance teams with its software. Now the investor Hg is acquiring a majority stake.
The software provider Lucanet enters into a strategic partnership with the software and services investor Hg. Hg is taking a majority stake in the company. The investor will support Lucanet in further developing its corporate strategy and becoming a leading SaaS provider. The partnership also focuses on increasing international sales and opening up new product areas. In future, Dominik Duchon will take over the position of CEO.
Rolf-Jürgen Moll and Oliver Schmitz founded Lucanet in 1999. The company now employs around 500 people. The founders developed software designed to make it easier for companies to prepare consolidated financial statements, financial planning, reporting and data management. "From day one, we wanted to offer the best software in the world to make the lives of financial experts easier," says Moll. According to the company, 3,500 companies in over 50 countries are already using the software.
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