Portfolio
Exited

myneva - make caring for the weak easier

Software for social care organizations across Europe

Software solutions for the social care sector with a focus on point of care, planning and administration processes. Customer segments include elderly, youth and disabled care and social assistance providers. Myneva’s portfolio also includes cross-sector solutions like quality management or shift planning. The myneva Group has become a leading pan-european software provider for the social sector with more than 220 employees in 4 countries.

01

Revenue growth in four years

>10x

02

Companies in one group

8

03

Useres across the DACH region

+100k

BID’S CONTRIBUTION 

myneva was created by BID Equity. We saw a match of an attractive market with the capable company Heimbas in Essen and hence invested in this company in 2017. Initially, we grew the group through international acquisitions to around 100 people. Having gained a certain critical mass, we started implementing a couple of professionalisation measures that included.

  • Professionalisation of the sales model
  • Creation of a modern marketing model
  • Cloud migration of key application components
  • Reduction of technical debt
  • Professional finance and HR management
  • Creation of a group-wide management board

From that enforced foundation myneva gained additional traction in the market and grew at accelerated growth rates. Further acquisitions complemented the product portfolio and created the pan-European player that it is today

As the next wave of growth was aimed at the Nordics, the management team together with BID Equity decided to find a new local investor that can help myneva focus on that region. Consequentally, BID Equity sold it shares in myneva in 2021 while the management team increased its shareholding during the transition to the new investor. 

eSight
AB CUBE

myneva IN THE NEWS

28 Jun 2021

After having tripled in size, myneva Group has been acquired by sustainability-focused investor Summa Equity to continue its growth in Northern Europe

04 Mar 2021

The BID Equity-backed myneva Group announces that at the beginning of the year it acquired software provider Patronis Software GmbH from Linz, Austria and the Dutch elderly care software vendor “TTS – Technology To Serve”.

17 Sep 2020

BID Equity portfolio firm myneva group acquires software provider SWING Gesellschaft für EDV-Systemlösungen mbH headquartered in Freiburg (Brsg) and Sursee (Switzerland).

07 Feb 2019

omneva Group acquired majority stakes both in CareCenter, the leading Austrian software provider, and Rair, a specialist for elderly care software. The group hereby significantly extends its customer base and its local market footprint in Austria as well as southern and eastern Germany. Both transactions were closed in Q4 2018.

07 Jan 2018

In December 2017 German software investor BID Equity has simultaneously acquired majority stakes in the Dutch Regas Group and German Heimbas GmbH. The investment has been made via BID Equity Fund III, which is backed by the international multi-strategy asset manager LFPI Group as cornerstone investor. BID Equity Fund III focuses on investments in European software companies in the social care sector. Key management members reinvested in the newly formed group.

Building groups is our passion. Let it infect you. Your company could also be the basis for the next great software group.

Let's talk