Success Story Open as App

Shareholder acquires all shares in start-up Open as App with Cloud Value.

Strategic development and securing the company's continued existence

Technology

Overview

Project description

As a platform provider, Open as App, a start-up company from Munich, enables spreadsheets to be transformed into mobile and advertising applications without any programming effort.

The nine shareholders wanted to sell 100% of their shares. They were looking for a strategic partner who would see the value of the product and be able to realise the full potential of the company, thus ensuring the strategic development and continued existence of Open as App.

The macx. team negotiated a creative MBO solution with one of the nine shareholders, who took over all the shares.

 

Involved companies

Seller: Open as App

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Buyer: Coud Value

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