News & Press
| 16. October 2019

PRIMEPULSE and GENUI invest in Mindcurv

Joint investment with tech entrepreneur Klaus Weinmann through the PRIMEPULSE investment holding

Joint investment with tech entrepreneur Klaus Weinmann through the PRIMEPULSE investment holding

Private investment firm GENUI and tech investor Klaus Weinmann (via PRIMEPULSE, a technology-orientated investment holding) are jointly investing in Mindcurv. Digital transformation market leader Mindcurv is aiming to significantly broaden its customer offering and play an active role in the ongoing market consolidation.

“Following the success of recent years, we decided to further accelerate our growth with the support of strong partners who share our vision and values. We identified the perfect partners in GENUI, Klaus Weinmann and PRIMEPULSE,” stated Co-Founder and Managing Director Amjad Liaquat, who will continue to manage Mindcurv together with Co-Founder and Managing Director Nazareno Avila. Mr. Avila said: “Klaus Weinmann, founder of CANCOM and PRIMEPULSE, is a highly successful entrepreneur and will add his expertise and a strong network. We can now draw on unrivalled experience from across the technology sector, around entering new markets and also execution expertise in buy & build strategies.”

Klaus Weinmann commented: “Mindcurv has quickly become a market-leading European player in digital transformation. In the course of doing so, they have built a highly professional and value-based team, proved their ability to scale in a profitable manner and successfully delivered across a variety of complex transformational projects. We are delighted to partner with this great company, to contribute our entrepreneurial abilities and to work closely with Amjad, Nazareno and the entire Mindcurv team.”

Klaus Weinmann on partnership

Closing of the transaction is subject to regulatory approvals. The financial terms of the transaction were not disclosed.

GP Bullhound acted as financial advisor to Mindcurv and its shareholders. Parklane Capital acted as financial advisor to GENUI and PRIMEPULSE.

About Mindcurv

Mindcurv, headquartered in Essen, was founded by Amjad Liaquat and Nazareno Avila in 2011, with a focus on highly scalable Digital Commerce platforms for large and medium-sized enterprises. Over the years, Mindcurv has been providing Digital Transformation services, development, and management of global IoT platforms, content and commerce platforms, and cloud infrastructures. Over 235 people work for Mindcurv across four countries; Germany, Netherlands, Spain, and India and deliver services based on leading technology platforms like CommerceTools, BloomReach, SAP, Oracle, AWS, Google and OpenShift.

About GENUI

GENUI is a private investment firm established by a group of exceptional entrepreneurs and investment experts who believe in “Good Entrepreneurship”. GENUI exclusively makes long-term investments in medium-sized companies with the aim of enabling sustainable growth and providing a value-add to society. Every company is supported within a professional governance framework by a dedicated entrepreneur, who provides access to relevant expertise and a network of contacts.

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