Cornerstone CapitalCornerstone CapitalCornerstone CapitalCornerstone Capital
  • About Us
  • Investment Focus
  • Partner
  • Portfolio
  • News
  • Contact
  • de
  • About Us
  • Investment Focus
  • Partner
  • Portfolio
  • News
  • Contact
  • de
July 26, 2018

CornerstoneCapital successfully exits HR software and services specialist Infoniqa

  • Posted By : Pieter van Halem/
  • 0 comments /
  • Under : News 2018

CornerstoneCapital is pleased to announce the successful exit of our investment in Infoniqa Group (Thalheim bei Wels / Austria). In Elvaston, Infoniqa has found a new majority shareholder, who has extensive market knowledge and will accompany the company in the future and help to further consolidate this fragmented market segment.

In 2012, CornerstoneCapital as the majority shareholder and the managers Siegfried Milly and Alexander Zrost acquired Infoniqa Payroll GmbH together with its subsidiaries. Infoniqa is a leading HR software vendor and services provider in Austria and Germany. More than 2.800 customers with in excess of 1.5 million employees in Germany, Austria and Switzerland trust the Company’s expertise in payroll accounting, personnel software and time recording. Infoniqa is ranked among the top 3 players in its segment in Austria and is one of the fastest growing HR software companies in Germany.

Since the MBO in 2012, Infoniqa’s excellent management tripled revenues, profits as well as the number of employees. In addition to the strong organic growth, CornerstoneCapital supported four highly accretive add-on acquisitions which all have been significantly contributing to the positive development of Infoniqa.

Currently, CornerstoneCapital invests out of its third fund with a total equity volume of € 100 million. We primarily invest in companies with outstanding technological expertise, strategic value creation opportunities and strong management teams. Our portfolio companies typically generate revenues between € 20 and € 40 million with double digit margins.


April 10, 2018

New HR-Suite Infoniqa ONE

  • Posted By : Pieter van Halem/
  • 0 comments /
  • Under : News 2018

With a new Windows-based payroll software, our portfolio company Infoniqa, completes its comprehensive HR software solutions portfolio. From now on, the HR suite Infoniqa ONE is available. For HR departments this means: payroll, time management and HCM software come from a single source. Thus, the modular complete system covers all processes that can occur in an HR department. The advantage: Customers can flexibly choose the required modules and decide on both the fully integrated overall solution and individual modules. The scope of services can be extended as needed at any time. Infoniqa ONE can be integrated into existing system structures and enables smooth interaction with existing HR solutions.


March 14, 2018

Infoniqa continues to grow

  • Posted By : Pieter van Halem/
  • 0 comments /
  • Under : News 2018

The Infoniqa HR Group concludes 2017 with a very positive balance sheet. The full-service provider for HCM, time management, payroll and outsourcing were able to increase its turnover from € 17.8 to almost € 20 millions. With this result, the company is well above average market growth. The business units HCM Software and Time Management have developed particularly successfully. “We were able to increase the licensing business with our HCM solutions by more than 77 percent. Outsourcing also performed better than average, with growth of around 19 percent, “explains Siegfried Milly, CEO of the Infoniqa HR Group.

Infoniqa success continues in 2017. As in previous years, the HR specialist was able to significantly increase its balance sheet result again. In 2016, Infoniqa was even one of the fastest growing HR software providers in Germany. This makes it possible for the company – as one of the few complete providers on the market – to continuously grow with HR solutions. Siegfried Milly, CEO of the Infoniqa HR Group, comments: “In 2017 we again developed significantly faster than the market and were able to further expand our market strength in the areas of personnel management, payroll, time management and outsourcing. And for 2018, the signs are also on growth. This development shows how right it is to put people at the center of our work. ”

Focus on customers and user experience

For 2018, Infoniqa will continue to focus on its customers – true to the motto “Focus on you”. “A recent survey has shown high customer satisfaction averaging up to 96 percent. More and more customers are using additional solutions and services from our complete offer, for example in the areas of time management and payroll outsourcing. For some years now, we have been offering practical and cost-efficient services such as outsourcing payroll or hosting software in the data center, “explains Milly. In the ongoing development of its solutions, Infoniqa relies on the best possible user experience. “We have some exciting UX projects going on, and we are optimizing our services in close collaboration with our customers,” says Milly. Furthermore, the mobile applications of the HCM and time solutions are being promoted so that they can be used on the go as well.


February 5, 2018

ELTEC adds comprehensive gateway solution to its wireless router family

  • Posted By : Pieter van Halem/
  • 0 comments /
  • Under : News 2018

CyBox GW-P comes with five slots for Wi-Fi and LTE modules plus a hard disk for media content storage

Mainz, February 5, 2018 – ELTEC Elektronik is expanding its successful compact and robust wireless routers family through the addition of the CyBox GW-P. It combines the functions of a Wi-Fi access point and a communication server in one compact and maintenance-free system solution. The CyBox GW-P was developed specifically for deployment in trains and buses. Thanks to the bundling of up to four LTE channels and data speeds of 600 Mbit/s (downloads) and 200 Mbit/s (uploads), the CyBox GW-P supports broadband vehicle-land data sharing communications. A Wave 2 module provides data speeds of up to 1.7 Gbit/s and 4×4 MIMO as well as two Gigabit Ethernet interfaces for local communication.

Four SIM cards per LTE module and intelligent control software make it possible to dynamically use all available links between vehicle and land to realize economic as well as physical criteria, such as the use of different providers to reduce roaming costs or to optimize the available bandwidths. An integrated SSD interface supports the storage of local data and passenger infotainment applications, e.g. the archiving and streaming of videos.

CyBox GW-P is compatible with the railway standard EN 50155. Mobile Wi-Fi-capable devices can communicate with the Internet while riding a passenger train, coach, or trams and the underground and access local data, such as schedule information, videos, etc. Throughout this process, the personal data of the individual users is protected against unauthorized access by a configurable firewall.

Thanks to the integrated wide-range power supply with input voltages from 24 to 110 V DC and its compact, maintenance-free design (its dimensions are just 250 mm x 80 mm x 265 mm, it weighs 1900 g and is IP40 protected), the CyBox GW-P is compatible with railway applications ranging from tram to ICE, as well as automotive applications, such as buses, but also construction and agricultural vehicles with 24 V DC onboard power systems.

The CyBox GW-P can be easily configured and managed through the integrated firmware with web surface. One of the special functional features of the firmware is the Inter Carriage Connection Protocol (ICCP), which was developed by ELTEC. The ICCP makes it possible to automatically implement a wireless LAN backbone, e.g. in a tram, which is important for applications that do not allow for the installation of Ethernet connections between the train cars.


News
  • CornerstoneCapital successfully exits HR software and services specialist Infoniqa July 26,2018
  • New HR-Suite Infoniqa ONE April 10,2018
  • Infoniqa continues to grow March 14,2018
NEWS ARCHIVE
  • News 2018
  • News 2017
  • News 2016
  • News 2015
CornerstoneCapital

CornerstoneCapital is a preferred equity investor for entrepreneurs and managers in buy-out and growth situations.

Contact

+49 (69) 789047 – 0
+49 (69) 789047 – 10
equity(at)cornerstonecapital.de

Legal Notice
Privacy Statement
ADDRESS

CornerstoneCapital Verwaltungs AG
Geschäftsstelle Frankfurt
Westendstraße 41
60325 Frankfurt/Main

News
  • CornerstoneCapital successfully exits HR software and services specialist Infoniqa July 26,2018
  • New HR-Suite Infoniqa ONE April 10,2018
  • Infoniqa continues to grow March 14,2018
Copyright CornerstoneCapital Verwaltungs AG 2018.
In case you want to change your privacy settings (e.g. issue consent or revoke an already issued consent) please click on the button below. Settings