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PE INTERNATIONAL AG Raises EUR 8M in VC Financing

December 16, 2010

STUTTGART, Germany, December 16, 2010 /PRNewswire/ — PE INTERNATIONAL
AG, a leading provider of sustainability management software and expert
consulting services, announced today that it has secured EUR 8 million (10.8
million USD
) in venture capital from Siemens Venture Capital (SVC), and the
Cleantech team of European investment company Gimv. Through SVC, PE
INTERNATIONAL will join Siemens’ global innovation network. The financing
will be used to support the company’s ambitious growth plans to further build
out its strong market position and become the market leader in enterprise
sustainability IT platforms.

“PE INTERNATIONAL is a uniquely complete vendor in the fast growing
market for sustainable business software and services,” said Ralf Schnell,
CEO Siemens Venture Capital. “With its long-standing experience, large
customer base, extensive international presence and integrated offering, we
firmly believe that the company will meet the accelerated market demand and
strengthen its leading position.”

Both Siemens Venture Capital and Gimv will hold a seat in the board of
directors. Hansjorg Sage, Partner at Gimv, comments on the transaction: “PE
INTERNATIONAL’s enterprise sustainability solutions are leading the space
because they provide insights into the environmental impacts of business at
the product and at the organizational level. PE clients benefit from
increased efficiency in business processes and drive innovation and revenue
growth.”

PE INTERNATIONAL’s leading enterprise sustainability solution platform -
comprised of GaBi solutions for product sustainability and SoFi solutions for
corporate sustainability – leverages its extensive environmental content and
is complemented by its strategic consulting services. The company plans to
further expand its solution portfolio to meet the growing market opportunity
and help businesses improve their sustainability performance and succeed in
the market place. “With these strong investment partners, our company
solidifies its leading position as an enterprise sustainability solution
vendor. This investment round accelerates the delivery of our cutting-edge
sustainability IT platform and the extension of our global organization and
partner network” said Michael Betz, CEO of PE INTERNATIONAL.

Over a 20-year history, PE INTERNATIONAL has built up unique expert
capabilities in the field of sustainability management. Starting with the
concept of Life Cycle Assessment the company developed the largest
comprehensive environmental database for processes and products on the market
today and the most widely used software solutions for enterprise
sustainability management. Deep expertise in industry processes and wide
experience with regional market requirements are the foundation for PE
strategic consulting services. The analyst firm Gartner recently published
the report “PE INTERNATIONAL emerges as a one-stop enterprise sustainability
vendor (http://www.pe-international.com/international/topics/gartner-report/
).”

About PE INTERNATIONAL

PE INTERNATIONAL is a leader in software solutions, strategic consultancy
and extensive services in the field of sustainability. PE INTERNATIONAL has
14 offices across the globe and serves more than 1,000 customers including
many blue chip clients such as Allianz, Bayer, Daimler, Carnival, Deutsche
Post DHL, Kraft Foods, Rockwool, Siemens, Toyota, ThyssenKrupp and Volkswagen.

http://www.pe-international.com

About Siemens Venture Capital

Siemens Venture Capital GmbH (SVC), the corporate venture capital
organization of Siemens, invests in early-stage technology companies and
established growth companies, focusing on the energy, industry and healthcare
sectors. In this way, SVC identifies innovative solutions from which Siemens
can profit and plays a key role in Siemens’ global innovation network. To
date, the company has invested more than EUR 800 mn in over 150 companies and
40 venture capital funds. In addition, SVC advises the German Siemens pension
funds on their private equity allocation. It is in this context that SVC has
launched the venture capital fund of funds Siemens Global Innovation Partners
I.

About Gimv

Gimv is a European investment company with almost 30 years experience in
private equity and venture capital. The company is listed on the NYSE
Euronext Brussels and administers around 1.8 billion EUR (including third
parties’ funds). Gimv invests in buyouts and provides growth financing to
established companies. For this Gimv has four local teams in Belgium, the
Netherlands
, France and Germany. Through the Gimv-XL fund growth capital is
invested in larger companies in Flanders. In high-tech sectors Gimv invests
venture capital through its specialised teams in Life Sciences, Technology
and Cleantech.

    Press Contact
    Bernd Schmalzridt
    b.schmalzridt@pe-international.com
    Phone +49-711-341817-443
    Hauptstr. 111-113
    PE INTERNATIONAL AG
    70771 Leinfelden-Echterdingen
    Germany

SOURCE PE INTERNATIONAL GmbH


Source: newswire



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