Elvaston is an entrepreneur-led private equity firm, specialising in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth.
Three Elvaston companies form the Step Ahead Group
In 2019, three well established ERP software providers, Step Ahead AG, Godesys AG and Informing AG joined forces to form the Step Ahead Group, headquartered in Germering near Munich. Through this merger, the companies can significantly expand their market position in the DACH region and so realise a large increase in competitiveness.
The company specialises in the development, sale and implementation of state-of-the-art ERP software solutions to steer, optimise and digitalise business processes for their clients. More than 200 specialists maintain installations for over 1.800 customers enabling 65.000 users to use their products across Europe.
Infoniqa shows continuing strong growth
Infoniqa, Austria’s market leader for Human Resource Software, continues to grow and further expand its expertise through the acquisition of a competitor.
Haveldata GmbH is the leading German provider of payroll software in the MS Navision environment. From their headquarters in Brandenburg they serve over 1.000 customers with their sector agnostic solution NAPA 3 enabling them to calculate over 800.000 payslips a month.
Founded in 1988, Infoniqa serves the entire spectrum of human resource needs offering a software suite for payroll, human capital management and time & attendance. 180 Infoniqa specialists, look after more than 2,800 customers and their 2.75 million employees.