ENA Investment Capital Welcomes Schneider Electric’s Public Offer for RIB Software
ENA Investment Capital (“ENA”) is a long-term, value orientated investment firm and the second largest investor in RIB Software SE (“RIB” or “the Company”), with a regulatory disclosed economic interest of >15% of the issued share capital.
ENA welcomes the announcement today by Schneider Electric to launch a public offer for all outstanding RIB shares. This validates the quality of RIB’s business and product portfolio as well as the scarcity value of the Company.
RIB is one of the few pure play listed multinational software companies, worldwide, in the fast-growing Building Information Modelling (“BIM”) market with a blue-chip customer base, high growth strong profitability as well as cash generation.
We note there has been a considerable amount of M&A activity in the sector in general and in the BIM niche specifically. Moreover, there has been reported strategic and private equity interest for RIB (as disclosed by the Company in July 2019).
RIB’s management team should be commended for their hard work to build a business with an outstanding product, strong growth and significant untapped potential, notably in the large and underpenetrated US market.
About ENA Investment Capital
ENA is a London based investment firm which seeks to take long-term, value-oriented positions and work constructively with boards and management teams to implement value-generative improvements.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NORTHERN-BITCOIN-AG19.2.2020 08:45:08 CET | Press release
Northern Data and Canaan Inc Announce Cooperation on Blockchain-technology and AI
SOFINNOVA-PARTNERS19.2.2020 08:02:07 CET | Press release
Bommy Lee Joins Sofinnova Partners as Head of Communications
CA-PERSONALIS18.2.2020 22:07:10 CET | Press release
Personalis, Inc. to Present at Biomarkers Series UK 2020 Conference
FRANCHISE-PARTNERS18.2.2020 22:02:10 CET | Press release
Franchise Partners Outlines Opportunities for Value Creation at Kirin Holdings
FL-PHILIP-STEIN18.2.2020 21:02:09 CET | Press release
Philip Stein Sleep Bracelet Clinically Proven To Improve Sleep and Overall Wellness, A Drug-Free Approach To Sleep Wellness
BERMUDA-BUSINESS-DEVLPMT18.2.2020 20:24:08 CET | Press release
Bermuda’s ‘White List’ Status Confirmed by the EU and Applauded by Industry
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom