• Consulting

Cairful Strategic Partnership with CSG Pradtke

The Company

Cairful GmbH is a Düren-based developer and provider of innovative mobile software solutions for the control, optimization and documentation of care processes. The company with 11 employees was founded in 2008 and is part of the Peterhoff Group, a medium-sized company for facility services with 7,000 employees in 9 branches throughout Germany. Over the past 5 years, the company has developed an innovative, workflow-based software solution for care documentation in inpatient facilities in cooperation with various operators of inpatient care facilities.

The Transaction

Cairful is financed by the Peterhoff Group, but aimed to further develop the product in order to tap into market opportunities in the inpatient care sector and to accelerate a comprehensive roll-out of the product. For this purpose, a strategic partner with activities in the areas of Time Management and Personnel Management as well as home administration was sought in particular, in order to be able to offer inpatient care facilities a fully comprehensive software solution for all parts of their operations. ARGONAS advised the company in a structured process including the definition of a catalog of requirements for possible strategic partners based on an in-depth analysis of the company, approached possible partners and implemented a strategic partnership with the software company CSG Pradtke GmbH. While maintaining independent market presences, both companies will in future also offer their respective products exclusively as fully integrated solutions in order to be able to offer operators a complete range for all software modules required in care from a single source. Operators will benefit from the high level of expertise and proven innovative strength of both companies in their respective special applications.

Scope of Mandate

ARGONAS has fully advised and supported the company as exclusive advisor in all streams of the preparation and implementation of the process.