FLEX Capital continues to drive OMS Group growth with new Group CEO

Berlin/ Eislingen/ Nußdorf am Inn, May 10, 2022

FLEX Capital continues to drive OMS Group growth with new Group CEO

Companies
NIC Services and Support GmbH, Formware GmbH
Locations
Eislingen, Nußdorf am Inn
Focus
Output management
Foundation
2021
Dr. Toni Schmidt, CEO of the OMS Group

Dr. Toni Schmidt has been CEO of the OMS Group since April 1, 2022, with the aim of helping to achieve market leadership in output management. Previously, he was CEO of CHECK24 Shopping, among other things, where he provided significant impetus for software product development and the growth of the marketplace in the area of ​​offers and transactions.

The German software and internet private equity fund FLEX Capital continues to drive the development of a leading software platform for output management, the OMS Group. The group of companies, consisting of NIC, the leading software for fully automated document processing and dispatch, and Formware, a pioneer in the field of output management, has appointed Dr. Toni Schmidt as group CEO effective April 01, 2022. In this newly created position, Schmidt is expected to help OMS Group become the market leader in output management. With the ex-CHECK24 Shopping CEO, the existing platform is also to be developed and expanded into a new more fully comprehensive and uncomplicated product (for the automated creation and digital and postal dispatch of documents). The long-standing managing directors Steffen Böhringer (NIC) and Peter Schindecker and Thomas Stampf (both Formware) will remain responsible for the day-to-day business and central contact persons for the customers.

“We are very pleased to have found a first-class person for this important position in Dr. Toni Schmidt. As the former CEO of CHECK24 Shopping, he has done an outstanding job and, in my opinion, provided significant impetus there for software product development and the growth of the marketplace in terms of offerings and transactions,” comments Steffen Böhringer, Managing Director of NIC.

Choosing an external CEO is a powerful tool for taking a company to the next level of growth. At the same time, this decision is probably the most important that a board, investors or management team can make, as it has significant implications for the future of the company.

There are many different factors that speak to the decision of an external CEO. An external candidate can add other strengths to the existing management team and bring the necessary leadership skills and experience to the company for the next phase of growth. Especially for companies looking to undergo a major transformation, an external appointment may be necessary to provide an unbiased, fresh look at the company’s strategy.

“Last year, we formed the OMS Group with the aim of creating a market-leading product for output management. The decision to appoint Dr. Toni Schmidt as an external group CEO was the fundamental factor for a successful implementation,” explains Peter Peter Waleczek, Managing Partner of FLEX Capital.

Output management as a central factor of digitization

Most companies are still in the middle of digitizing their business processes. In addition to the classic communication channels such as letter mail or e-mail, other communication channels such as apps, social media, WhatsApp or even chatbots have been added in just a few years. This development presents companies in particular with the major challenge of digitizing their communication processes in a consolidated manner and managing their output.

OMS Group offers a fast, simple and powerful software that has enabled thousands of customers to solve this problem and to find easy ways to manage documents. This is particularly suitable for documents and data from recurring communication processes with customers which are merged and delivered via different communication channels. For example, several million invoices, contracts, orders, and much more are generated, sent, and archived in a fully automated and archived.

Companies benefit from efficient output management not only in terms of time and cost savings but also score points in the dimensions of customer-oriented work and the design and management of secure business processes.

“Depending on the size of the company, the savings potential is in the tens of millions of euros, which can be achieved just by switching to digital processes in postal dispatch,” says Peter Schindecker, Managing Director of Formware. “Customer satisfaction increases and customer communication is sustainably improved. Against this background, I am convinced that we have found the ideal Group CEO in Toni Schmidt. I appreciate his visionary view of customers and the industry and therefore look forward to further close cooperation.”

In combination, the OMS Group already covers a broad and diverse range of customers, including not only numerous medium-sized companies but also global players such as Airbus and the Spanish telecommunications group Telefónica.

About the OMS Group

The two German mid-sized software pioneers, NIC and Formware, form a business group that offers a comprehensive, seamless, and straightforward solution for the automated creation and digital or postal delivery of documents. Companies with high document output are empowered to consolidate data from extensive recurring communication processes across various communication channels. This enables the automated digital generation, sending, and secure archiving of invoices, contracts, orders, customer letters, and more. In combination, the OMS Group already covers a wide and diverse range of customers, including numerous mid-sized companies and global players such as Airbus and the telecommunications company Telefónica.

About FLEX Capital

FLEX Capital is a private equity fund founded by successful serial entrepreneurs that invests in profitable and growing companies from the German Internet and software midmarket. Announced in early 2023, the second fund of €300 million includes a commercial structure for the first time, enabling FLEX Capital to provide operational support to portfolio companies with a purpose-built 30-person team of experts, differentiating the investor from many other private equity funds. Currently, the FLEX portfolio comprises six business platforms. For more information, visit www.flex.capital.

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"Last year, we formed the OMS Group with the aim of creating a market-leading product for output management. product for output management. The decision to appoint Dr. Toni Schmidt an external group CEO was the fundamental factor for a successful implementation."
Peter Waleczek
Managing Partner of FLEX Capital
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