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Welsh, Carson, Anderson & Stowe makes majority investment in AIM Software

AIM Software, a provider of data management software products to the financial services industry, has received a majority investment from private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

AIM Software’s existing management team, led by founder and CEO Martin Buchberger, will continue to operate the business and will maintain a significant ownership stake in the Company.

In connection with this transaction, WCAS is also investing primary capital in the business which will be used to further accelerate the Company’s geographic expansion as well as organic and inorganic growth initiatives.

Martin Buchberger, Chief Executive Officer of AIM Software, says: “Over the last 2 years we carefully evaluated our options to support our global expansion fuelled by recent successful product launches. We are excited to have found the right partner in Welsh Carson which brings impressive expertise, strong intellectual capital and an investment focus that is consistent with AIM Software's culture.”

“We are excited to partner with the AIM management team to continue the Company’s global expansion.” said Eric J. Lee, a WCAS General Partner. “The WCAS Financial Technology team has closely studied the Enterprise Data Management space for the last decade and we believe that AIM’s Business Application model is a game changer.”

Josef Sommeregger, Global Head of Operations, says: “We are thrilled about the prospects that lie ahead with this new partnership which will add global significance for AIM Software. Management will co-invest significantly alongside Welsh Carson, which illustrates our respective shared commitment. Thanks must also go to our experienced staff and long standing partners which help us ensuring that we continue to give our customers the best service in the business."

Sandeep Sahai, former President and CEO of Headstrong, and future AIM chairman of the board commented: “We are excited to partner with Martin and his experienced team in writing the next chapter of the AIM Software story."

Marlin and Associates acted as exclusive strategic and financial advisor to AIM Software in connection with this transaction.

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