Drake Star Partners Advises Leading Industrial Software Provider Proleit Ag On Its Sale To Schneider Electric Se

HERZOGENAURACH | April 23, 2020 – Drake Star Partners acted as the exclusive financial advisor to ProLeiT AG, a leading industrial software provider, on its sale to Schneider Electric SE, a global leader in digital transformation of energy management and industrial automation with over €27 billion in revenues. The transaction is subject to customary closing conditions and is expected to close in the coming months.

For more than 30 years, ProLeiT AG has been developing cutting-edge software for successful plant production and optimization, specializing in plant automation, process control and manufacturing execution systems (MES). With its unrivalled data acquisition capabilities, the company enables seamless connectivity to nearly all industrial assets.

ProLeiT has a leading market position in the global process industries. Its software helps the world’s leading food & beverage, breweries, dairy, chemicals, and pharmaceutical companies to derive real-time operational insights from production processes and to achieve their goals in operational performance. Headquartered in Herzogenaurach, Germany, ProLeiT is active in over 100 countries and employs more than 570 employees.

Wolfgang Ebster, CEO and Co-Founder of ProLeiT, said: “After building ProLeiT for over 30 years, it became clear to us that a partnership with Schneider Electric will be the right next step for our company – they share the same vision, culture and our global ambitions. ProLeiT is complementing Schneider Electric’s existing capabilities, and with Schneider’s global footprint in the process automation industries, we see huge benefits for our customers and employees. I would like to thank especially the Drake Star team for their strong support in this transaction. We benefitted strongly from Drake Star’s excellent sector knowledge, global network, and strong execution skills, which enabled us to achieve an outstanding result for us founders, shareholders and our employees.“

Kais Baker, Partner at Drake Star Partners, commented: “We are delighted to have worked with the ProLeiT team on this transaction. The partnership with Schneider Electric is truly exciting and the market opportunity is vast. ProLeiT provides unique operational intelligence from machine data, and as such, is a clear catalyst for the convergence of information technology and operational technology – a key driving force for the adoption of Industrial IoT (lloT). This transaction is yet another example of our deep sector knowledge in industrial software/IIoT.”

Drake Star Partners’ Team: Kais Baker, Ralf Philipp Hofmann, Hendrik Hornbogen, Jan Jetter

Inquiries:

For further inquiries, please contact:

Kais Baker

kais.baker@drakestar.com, +49 89 14 9026 526

About ProLeiT

ProLeiT AG is a leading industrial software provider, headquartered in Herzogenaurach, Germany. The company serves various process industries, such as the food & beverage, breweries, dairy, chemicals, and pharmaceutical industries. The company employs more than 570 people worldwide. In addition to its headquarters in Germany, the company has offices across Europe, North America, South America, and Asia. Its customers include BASF, Bayer, Carlsberg, Danone, Heineken, Henkel, Unilever, among others. The company was founded in 1986.

For more information, please visit www.proleit.com

About Schneider Electric SE

Schneider Electric SE is a global leader in digital transformation of energy management and industrial automation. The company offers world-leading energy technologies, real-time automation, software and services into integrated solutions for homes, buildings, data centers, infrastructure and industries. Schneider Electric SE is a Fortune Global 500 company and headquartered in Rueil-Malmaison, France. It is publicly traded on the Euronext Exchange and a member of the CAC40, Euro Stoxx 50, Euronext 100, and S&P Global 100 index. Schneider Electric SE generated €27 billion in revenues in FY 2019.

For more information, please visit www.se.com