Invest AG: Fund hits twice at the beginning of the year

Founded in 2012, Ventopay wants to take a further step in growth with Invest AG. For this purpose, the ownership structure was reorganized. The company founders Josef and Christa Langer withdraw. The long-standing partner and managing director Johannes Reichenberger takes over together with the management team.

Invest AG has taken on almost a third of the company shares as an equity partner. Now the Hagenberg technology company with currently 40 employees wants to take further steps abroad, initially in Germany, where Ventopay already has two locations.

The company specializes in cashless checkout, payment and ordering systems in communal catering – from company restaurants to hospitals. “We stand for fast payment and offer complete solutions,” says Reichenberger. Reference customers include Eurest and Blum fittings. A turnover of five million euros was achieved in 2020. Reichenberger intends to increase sales by 40 percent over the next five years. Gernot Hofer, CEO of Invest AG, emphasizes Ventopay’s innovative strength.

Invest AG is investing 20 percent in the electrical and automation specialist PMS based in St. Stefan in the Lavant Valley. The company, which employs 374 people, has several locations in Austria, including Linz. Customers include corporations such as voestalpine and Siemens. The turnover in 2020 was 72 million euros with an operating result of 7.4 million euros. One of the long-standing shareholders, Alfred Krobath, is also leaving PMS; his business partner Franz Grnwald takes over with the support of Invest AG.

The fund has invested in more than 160 companies since 1994. 500 million euros were invested in the form of equity or mezzanine capital. With a fund volume of 200 million euros, Invest AG is one of the largest equity funds in Austria. (sd)


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