Fabasoft AG, based in Linz, Austria, is one of the leading software product companies and cloud service providers for digital document, process and records management in Europe. With a unique, powerful ecosystem, Fabasoft implements customised specialist applications and industry solutions. Numerous renowned private companies and public administration organisations have relied on Fabasoft's quality and experience for more than three decades.
On 2 September 2022, Fabasoft AG signed a purchase and participation agreement for the acquisition of a majority stake in 4teamwork AG, based in Bern. Once the contract has been fully implemented, Fabasoft AG will hold 70% of the shares in the new Fabasoft 4teamwork AG. In addition to a capital increase, 4teamwork AG will be merged with the existing Fabasoft Schweiz AG, resulting in the new "Fabasoft 4teamwork AG". Pascal Habegger, the previous CEO of 4teamwork AG, will retain a 30% stake in Fabasoft 4teamwork AG and will drive further expansion in his existing role.
The portfolio of Fabasoft AG includes the areas of digitalisation, simplification and quality improvement of business processes and is an ideal complement to the existing solutions of 4teamwork. We at 4teamwork AG have specialised in customers from public administration, consisting of cantons, cities and municipalities as well as organisations from private companies. Our customers already benefit from a modular product strategy for the implementation of a modern and digital workplace.
"Thanks to its high level of expertise in digital transformation as well as its local sales and management capacities, 4teamwork AG is an ideal solution partner in the Fabasoft ecosystem for doing business in Switzerland," says Helmut Fallmann, CEO of Fabasoft AG, pleased about the growth potential with the strategic partner 4teamwork AG in the Swiss market. Fabasoft is also represented in the Swiss cantonal administration with software products for digital administrative work.
"We firmly believe that we have found the ideal strategic partner in Fabasoft and that with this support we can take our company and our products to the next level," adds 4teamwork CEO Pascal Habegger. "With Fabasoft's PROCECO ecosystem, we can pursue the cloud strategy we have been pursuing for several years even more effectively."
With the focus on digitalisation, the existing products OneGov GEVER, teamraum and other eGov solutions will be further developed. Thus, in addition to local know-how, our customers also benefit from the latest technologies, efficient development and project management as well as the highest data protection and information security standards.
You can find more information about Fabasoft AG here.
You can find more information about 4teamwork AG here.