CHAPTERS Group AG Announces Establishment of New Vertical Market Software Platform

Last week, CHAPTERS founded Altamount Software GmbH together with Andreas Philippi, focussing on mission-critical software. In his prior role,Andreas was CEO of Westhouse Group, a Private Equity backed staffing business. Before Westhouse, he was an executive with several successful software and FinTech businesses. Last week, Altamount Software already closed its first acquisition: GBS Europa GmbH (“GBS”). GBS is a cyber security software business located in Karlsruhe and Paderborn, Germany with about 70 employees. GBS is agreat first nucleus around which Altamount Software will grow its VMS platform.

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Chapters Group CEO Jan-Hendrik Mohr comments:

“It makes me incredibly proud to see the management talents we have been able to attract to CHAPTERS in the last months. Andreas fits very well into the CHAPTERS culture and we are thrilled to give him the opportunity to scale his own VMS platforms for many years to come. Everything at CHAPTERS right now is about growing up. Oftentimes, that means to scale what has been working really well. In our case, that’s to further enable the acquisition engine of all existing platforms and to establish new VMS platforms.”

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