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

"We formed the OMS Group last year with the aim of creating a market-leading product for output management. The decision to find an external group CEO in Dr. Toni Schmidt was the fundamental factor for a successful implementation."

Peter Waleczek,
Managing Partner von FLEX Capital

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

Dr. Toni Schmidt,
OMS Group CEO

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.

Berlin/ Eislingen/ Nußdorf am Inn, 10. Mai 2022.

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.

Companies

NIC SaaS GmbH, Formware GmbH

Location

Eislingen, Nußdorf am Inn

Focus

Output Management

Founded in

2021

Invested in

2022

"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 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. product for output management. The decision to appoint Dr. Toni Schmidt 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 midst of digitizing their business processes. In addition to traditional communication channels such as such as mail or e-mail, other communication channels such as apps, social media, WhatsApp apps, social media, WhatsApp and chat bots. This development companies in particular face the major challenge of digitizing their This development presents companies in particular with the major challenge of digitizing their communication processes 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. in the management of documents. This is particularly suitable for documents and data that from recurring communication processes with customers and which are merged and and are to be 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 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 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 the 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 OMS Group

The two German medium-sized software pioneers NIC and Formware form a group of companies that offers a fully comprehensive, seamless and uncomplicated product for the automated creation and digital or postal delivery of documents. documents. Companies with high document output will be able to data from large, recurring communication processes across multiple communication communication channels and create invoices, contracts, orders, customer letters and much more, and much more can be generated, sent, and archived in a fully automated and and archive them in an audit-proof manner. In combination, the OMS Group already covers a broad and diverse and diverse range of customers, including numerous medium-sized companies as well as global players such as Airbus and the telecommunications group Telefónica.

About FLEX Capital

FLEX Capital is a next-generation private equity fund that invests in profitable and growing companies from the German Internet and software Mittelstand, the #MitTECHstand. Behind FLEX Capital are the six entrepreneurs Christoph Jost, Peter Waleczek, Andreas Etten, Jan Becker, Felix Haas and Dr. Robert Wuttke, who have founded numerous founded numerous companies themselves and have made more than 140 tech investments. tech investments. Currently, the FLEX portfolio includes 11 portfolio companies across four platforms. For more information, visit www.flex.capital.

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