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Launch of Comet Software, a Future European Leader in Vertical Market Software
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Launch of Comet Software, a Future European Leader in Vertical Market Software

Comet Software aims to become a European leader in niche software publishing, targeting €100 million in revenue by 2027 through strong organic growth and the acquisition of three to five companies per year. The capital raised will support this ambition by investing in the group’s development and bringing together specialized software publishers who share the same values of independence and ambition.

€60 million raised from Alpera Partners, three acquisitions already completed

Comet Software is finalizing the acquisition of three software publishers active in the financial, pharmaceutical, and retail sectors. Following these deals, the group will generate more than €10 million in revenue with an EBITDA margin above 30%, and will already employ around 100 people serving more than 2,000 clients across nine countries.

Building a European leader in vertical software

Entrepreneurs in niche software face common challenges: reaching critical scale, attracting and retaining top talent, driving technological innovation, and adapting business models. Comet Software was founded to meet these challenges by bringing together and strengthening specialized publishers, creating a European player able to compete with the best international software companies.

Independence combined with growth support

Comet Software stands out for its unique approach, offering companies that join the group tailored operational and financial support to accelerate growth while preserving their autonomy and independence. Rather than replacing the teams that made these businesses successful, Comet Software provides them with the resources and network of a supportive group to help them achieve their full potential. To do this, the company leverages its in-house expertise, operational resources, and the tech investment experience of Alpera Partners (with past investments in PayFit, Owkin, and Doctrine).

Entrepreneurial DNA and long-term vision

Comet Software seeks to build strong “entrepreneur-to-entrepreneur” partnerships, whether for succession or growth. Through its perpetual ownership model, the group focuses on the long-term potential and strategic priorities of its companies.

An attractive financial partnership

Beyond operational and financial support, Comet Software places alignment of interests at the heart of its model. Entrepreneurs who join have the opportunity to become co-shareholders, participating directly in the value creation of the group. Axel Jonsson, co-founder and CEO of Comet Software, said:

“With Comet Software’s expertise and the backing of our majority shareholder Alpera Partners, we have the financial and human resources to build a European leader in niche software by bringing together the best players in each sector. We invite entrepreneurs who share our values of independence and ambition to join us, so we can support their growth while associating them with the creation of a European champion.”

About Comet Software

Comet Software is a niche software publishing group targeting €100 million in revenue by 2027 through strong organic growth and three to five acquisitions per year. Operating with a decentralized perpetual ownership model, Comet Software supports the growth of its companies while preserving their autonomy and independence.

About Alpera Partners

Working alongside bold entrepreneurs, Alpera Partners creates, develops, and scales the leading groups of tomorrow through roll-up platforms.

Each year, Alpera Partners invests more than €80 million in equity to consolidate micro-cap companies in fragmented, high-growth markets and help them grow both organically and through acquisitions. Its focus sectors are healthcare, industry, business services, and real estate.

As of March 2024, Alpera Partners has launched four roll-up platforms in hospitality (Otelium), nuclear (Alfeor), healthcare (Enosium Life Science), and vertical software (Comet Software). These add to its established platform in veterinary healthcare (Novavet).

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