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arcplan Continues International Expansion and Completes EUR 27.5mn Recapitalization with ViewPoint Capital Partners; ViewPoint Invests in Leading Provider of Business Intelligence Software.


WAYNE, Pa. -- arcplan, a leading global provider of business intelligence (BI) solutions, and ViewPoint Capital Partners, a leading European private equity house for software technology investments together with German bank HypoVereinsbank (HVB), today announced the completion of a EUR 27.5 million recapitalization through which ViewPoint has become a majority investor in the company.

The founders and the management of arcplan will maintain a significant minority interest in the firm. The transaction proceeds will partly be used for shareholder liquidity and to provide further resources for continued international expansion.

"We were impressed by arcplan's large international blue chip customer base and its rapid growth momentum," said Christian Janson-Euterneck, Managing Partner of ViewPoint Capital Partners. "Its superior product offering will ensure arcplan's leadership position in the market for next-generation BI, which is certainly one of the most vital fields of business application software today."

"We are very pleased to partner with a dynamic and dedicated organization like ViewPoint," said Roland Hoelscher, managing director of arcplan. "The expertise of ViewPoint paired with their international network of industry experts is already providing invaluable support for reaching our operational and strategic goals. Our customers and partners will benefit from our additional investments in R&D and service functions while we will further strengthen our international presence."

arcplan will increase its international market coverage by opening an office in the U.K. and by establishing a direct presence in other regional key markets. arcplan also plans to increase investments in R&D as well as across all customer-facing functions in the organization.

This investment will provide key funding for arcplan's aggressive growth plans to become the leading vendor in the rapidly emerging BI segment defined as "Analytic Development Platforms (ADPs)" by The Data Warehousing Institute (TDWI TDWI - The Data Warehousing Institute). The ADP segment, also termed "Visual BI Development Tools" by industry analyst Gartner, is recognized as the ideal platform for the rapid prototyping and deployment of user-defined, custom analytic applications.

The next dynaSight release - codenamed 'Vinson' and scheduled for release in Q2 2006 - will include an open XML-based document definition scheme, as well as full integration into next generation Service Oriented Architecture (SOA) environments via Web Services. This release will further strengthen the interoperability and openness of the dynaSight platform. The innovative architecture will not only enable arcplan's customers to utilize their investments into heterogeneous database systems but will also provide integrated access to critical process-oriented applications and systems. This makes dynaSight the most comprehensive analytic development platform on the market.

About arcplan

arcplan is a globally successful software developer whose business intelligence solutions enable companies to align technology with business initiatives for optimal business performance. With arcplan's dynaSight analytic development platform, business and IT professionals can easily tailor analytic applications to unique business processes and deliver via the web to all levels of the organization. arcplan supports more than 1,800 customers and 230,000 users worldwide. Headquartered in Dusseldorf, Germany and Philadelphia, PA, arcplan delivers its solutions through a global direct sales force and a network of more than 130 service and implementation partners in over 30 countries. For more information, visit www.arcplan.com.

About ViewPoint Capital Partners

ViewPoint Capital Partners is an independent private equity firm focusing on software technology companies across Europe. ViewPoint actively supports growth and international expansion and advises equity investments in the range of EUR 2.0-15.0mn per company. Investors in the funds served by ViewPoint include European banks, pension funds, insurance and investment companies as well as private individuals. The firm has offices in Frankfurt and Zurich. (www.viewpointpartners.com)
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 10, 2005
Words:591
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