공시 • Oct 13
Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million. Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million on October 13, 2025. A cash consideration valued at €45 per share will be paid by Warburg Pincus LLC. As part of consideration, an undisclosed value is paid towards common equity of PSI Software SE. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the Offer Document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI's shareholders. The Offer will be subject to a minimum acceptance threshold of 50 percent plus one share with the shares owned by E.ON being considered for purposes of such threshold and usual Offer conditions, including the receipt of regulatory clearances with closing expected in first half of 2026.
The transaction is fully funded with equity and debt financing in place.
The final terms and conditions will be set out in the Offer Document, which is subject to permission by BaFin.
Goldman Sachs Bank Europe SE acted as financial advisor for PSI Software SE. Linklaters Oppenhoff & Rädler acted as legal advisor for PSI Software SE. J.P. Morgan SE acted as financial advisor for Warburg Pincus LLC. Kirkland & Ellis, Germany acted as legal advisor for Warburg Pincus LLC. 공시 • Oct 11
PSI Software in Talks over Takeover Offer German software solutions maker PSI Software SE (XTRA:PSAN) is in advanced discussions over a potential takeover offer with three parties, the company said on October 10, 2025, confirming a media report. PSI said it is in talks with private equity firms Thoma Bravo (Thoma Bravo, L.P.), HgCapital (HgCapital LLP) and Warburg Pincus (Warburg Pincus LLC) regarding an investment agreement. It is currently not clear which of the interested parties will make a takeover offer and whether an offer will be made at all. 공시 • Apr 11
PSI Software SE, Annual General Meeting, May 20, 2025 PSI Software SE, Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time. 공시 • Mar 27
PSI Software SE Provides Earnings Guidance for the Year 2025 PSI Software SE provides earnings guidance for the year 2025. For the year, the company expects growth in new orders and sales of around 10%. 공시 • Mar 23
PSI Software SE to Report Fiscal Year 2024 Results on Mar 27, 2025 PSI Software SE announced that they will report fiscal year 2024 results on Mar 27, 2025 공시 • Mar 07
Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN). Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 21, 2024. The parties have agreed not to disclose the purchase price of the transaction until the closing of the share transfer. Closing of the transaction requires the approval of the Federal Ministry for Economics Affairs and Climate Action. The transaction is expected to complete in first quarter of 2025. PricewaterhouseCoopers Transaction Services Germany acted as financial advisor and PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft acted as legal advisor to PSI Software SE.
Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on March 5, 2025. 공시 • Dec 23
Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN). Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 23, 2024. 공시 • Nov 11
PSI Software SE Appoints Georg Tacke to the Supervisory Board PSI Software SE announced that following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. It became necessary after the long-standing Chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, was no longer available for a further term on the Supervisory Board. Dr. Georg Tacke was CEO of the management consultancy Simon-Kucher & Partners from 2009 to 2019 and is currently a Senior Advisor to the company. He has more than 30 years of consulting experience, primarily in the B2B sector. His areas of expertise include growth strategy, sales and pricing. He is well known as one of the top pricing experts and supports numerous CEOs and management boards as a personal consultant and coach. Dr. Georg Tacke holds a Master's degree in business administration and a PhD from the University of Bielefeld. He also studied and conducted research as a visiting scholar at the Stanford Business School. 공시 • Aug 30
PSI Software SE Provides Earnings Guidance for the Full Year of 2024 PSI Software SE provided earnings guidance for the full year of 2024. The Executive Board expects, taking into account the negative effects of the cyberattack, a reduction in sales of around EUR 20 million to EUR 30 million and a negative operating result in the upper single-digit to lower double-digit million range for the full year. 공시 • Jul 30
PSI Software SE Announces Appointment of Uwe Hack as Its New Chairman The Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting. Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board. 공시 • Jul 26
PSI Software SE Announces Retirement of Karsten Trippel as Chairman of the Supervisory Board PSI Software SE announced the current chairman of the supervisory board of the company Mr. Karsten Trippel, will not be available for a further term of office on the supervisory board. The Supervisory Board's proposed resolution on agenda item 6.1 to elect Mr. Trippel to the Supervisory Board for a further term of office at the upcoming Annual General Meeting of PSI on July 26, 2024 will therefore not be put to the vote. Mr. Trippel's current term of office until the end of the Annual General Meeting on July 26, 2024 and his current chairmanship of the Supervisory Board remain unaffected by this. 공시 • Jun 20
PSI Software SE, Annual General Meeting, Jul 26, 2024 PSI Software SE, Annual General Meeting, Jul 26, 2024, at 10:00 W. Europe Standard Time. 공시 • Jun 13
Psi Software SE Appoints Erol Bozak as Chief Technology Officer PSI Software SE appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development activities. One of his focuses will be the cloud transformation of the PSI portfolio. With this strategic step, PSI underlines its commitment to innovation and technological excellence. Erol Bozak will report directly to the Executive Board. As co-founder and Chief Product Officer of Treasury Intelligence Solutions (TIS) GmbH since 2010, Erol Bozak built up one of the fastest growing fintech companies in Europe. Prior to that, he was Program Manager at SAP, driving Infrastructure-as-a-Service (IaaS) and cloud initiatives. The computer science graduate began his career in the Supply Chain Management department of Fraunhofer Gesellschaft. He holds an Executive MBA from Mannheim Business School and more than 40 patents granted in the USA in the areas of cloud computing, SaaS and Fintech. 공시 • May 03
PSI Software SE to Report Fiscal Year 2023 Final Results on Jun 04, 2024 PSI Software SE announced that they will report fiscal year 2023 final results on Jun 04, 2024 New Risk • Jun 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (24% accrual ratio). Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: €0.17 (vs €0.25 in 2Q 2021) Second quarter 2022 results: EPS: €0.17 (down from €0.25 in 2Q 2021). Revenue: €60.9m (flat on 2Q 2021). Net income: €2.68m (down 31% from 2Q 2021). Profit margin: 4.4% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 22% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.