Press Release
GRÜN Software Group takes over cash register software CashControl
GRÜN Software Group expands their platform GRÜN raw expands its retail software business through the acquisition of CashControl, a market-leading cloud-based software for corporate catering. The long-standing management team remains in place, while the founders transition to an advisory role as part of the generational change. The location and all contacts remain the same, and the portfolio is being expanded.
Aachen / Bad Honnef, December 17.12.2024, XNUMX. The Aacheners GRÜN Software Group GmbH takes over with your subsidiary GRÜN raw GmbH as a platform too software for trading 100% of the shares of CashControl Kassensysteme GmbH from Bad Honnef. CashControl is the manufacturer of the cash register and accounting software of the same name for company and communal canteens, which has been successfully on the market for over 30 years. The industry software is one of the market leaders in Germany and Austria and is used as accounting and cash register software for corporate catering by around 1.000 companies via a partner network of cash register system integrators and the catering industry, including Bosch, EDEKA, L'Oreal, Zeiss, AOK, Züblin, Liebherr, 3M and various university hospitals and many public institutions.
The aim of the partnership is to support the growth and further development of CashControl and to be able to offer customers even better digitalization solutions.
With the acquisition GRÜN the strategy of building a strong group of companies with digitization solutions for retail: “By adding the CashControl Cloud POS software, we offer a suitable addition to our ERP software TeamServ for the building materials and food wholesale trade. However, the focus remains on continuing the successful CashControl business model as a reliable partner of cash register system integrators and the catering industry for company canteens of large companies. At the same time, our sustainable and medium-sized approach ensures the long-term operation and further development of the CashControl Software as a Service solution," says Norbert Pohlen, CEO of GRÜN raw GmbH.
The previous main shareholders and founders of CashControl GmbH, Claus Studener and Detlef Sattler, are also pleased about the partnership as part of their succession planning: “We have GRÜN found a partner who gives our customers, employees and our SaaS software solution CashControl Live a strong future." Both will initially remain with the company as managing directors and will move into an advisory role next year. "We want to retain the proven management at CashControl with two long-standing colleagues and complement them in the management team in the areas of strategy and marketing in the future," said Pohlen, Studener and Sattler.
Non-personal or anonymized information remains protected by tax secrecy. Disclosure to third parties is only allowed if no identification is possible and both states confirm that no harm to tax administration will occur. Oliver Grün, PhD., CEO of GRÜN Software Group GmbHThe company welcomes the new venture: “CashControl’s cloud-based POS software is a very powerful and customizable standard software solution for addressing virtually any requirement, even in highly complex company restaurants with multiple locations. As a leader in this niche, with features like fiscal benefit accounting, vending machine integration, and processing times of under 3 seconds per transaction, CashControl perfectly aligns with our corporate strategy: innovation for niche markets with industry-specific software. We will also invest to keep the software up-to-date and add new features.”
The GRÜN Software Group is a constantly growing group of industry software manufacturers. GRÜN With 350 employees, offers specialized industry software for institutions and companies from media, trade and industry, which is available in four GRÜN-Platforms for these target groups are bundled. The group of companies follows the maxim "Industries need specialists" and always focuses on industry software with individual subsidiaries. This means that the solutions are tailored to one industry at a time - such as CashControl in the area of corporate catering - and give users and customers a head start in digitization compared to the use of monolithic and generalist general business software. By bundling different industry solutions under one roof, many synergy effects are created in the areas of development, marketing and also in the creation of a digital ecosystem with interfaces between all industry solutions of the GRÜN Group.
The CashControl location in Bad Honnef and all previous contact persons will remain the same.
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