{"id":2691,"date":"2024-11-17T07:55:22","date_gmt":"2024-11-17T07:55:22","guid":{"rendered":"https:\/\/syntracf.com\/referenzen\/driverscheck-wachstum-ohne-tempolimit\/"},"modified":"2024-11-24T08:51:08","modified_gmt":"2024-11-24T08:51:08","slug":"driverscheck-growth-without-a-speed-limit","status":"publish","type":"into_references","link":"https:\/\/syntracf.com\/en\/references\/driverscheck-growth-without-a-speed-limit\/","title":{"rendered":"DriversCheck \u2013 Growth Without a Speed Limit"},"content":{"rendered":"

Pioneer With New Prospects<\/strong><\/h3>\n

DriversCheck developed the first fully digitized driver\u2019s license check for companies in Germany. The software-as-a-service solution functions as an app irrespective of place and time. In this way, companies with their own fleet satisfy the statutory requirements for driver\u2019s license checks, driver education, and vehicle checks by using a unique video-ident safety standard. In the year of sale of 2022, the company\u2019s approximately 600 customers also included groups with international operations such as SAP, VW Financial Services or SIXT Leasing.<\/p>\n

Buyers with a Strong Software Background<\/strong><\/h3>\n

With HRworks, Syntra (formerly sonntag) found a buyer for DriversCheck that fully integrates the innovative software-as-a-service solution into its business model to add value. HRworks was established in 1998 and offers digital HR solutions for human resources management, cloud-based travel expense accounting, time recording and preparatory payroll accounting. Since 2020, HRworks has owned the financial investor Maguar Capital Management, which specializes in software. Following the takeover of DriversCheck, HRworks expanded its product portfolio in the field of compliance and will therefore benefit from the market opportunities in this attractive niche.<\/p>\n

\u00a0\u201cSeveral years after our foundation, we have now achieved the goals we set ourselves and have prepared DriversCheck to continue its development under a new roof. As part of HRworks we will be able to strengthen our market position, increase our visibility and further expand our growth in the SME market. We are delighted to have found the ideal partner for DriversCheck with the support of the Syntra Corporate Finance (formerly sonntag) team.\u201d<\/p><\/blockquote>\n

Richard Gandlau and Claus-Dieter Wollnik<\/strong><\/p>\n

Founders and Shareholders of DriversCheck GmbH<\/p>\n

\u00a0\u201cWith its software offering, DriversCheck offers the solution for a problem that is faced by almost every company. With a project such as this one, a strategic approach to the search for buyers is essential. With HRworks as the portfolio company of a specialist software investor, we were quickly able to identify a suitable buyer. We are all the happier that the transaction \u2013 despite having a structured bidding process \u2013 was successfully completed following a process that took only around half a year.\u201d<\/p><\/blockquote>\n

Sebastian Ringleb<\/strong><\/p>\n

Partner at Syntra Corporate Finance
\n(formerly sonntag corporate finance)<\/p>\n","protected":false},"excerpt":{"rendered":"

Established in 2014, DriversCheck GmbH offers corporate customers a fully automated solution for statutory driver\u2019s license checks (for employees). To allow additional growth in this highly attractive niche, the owners sold the company to HRworks in 2022 with the help of Syntra (then sonntag). The HR software specialist has thus expanded its portfolio in the field of compliance management systems.<\/p>\n","protected":false},"author":4,"featured_media":2410,"template":"","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"into_industry":[],"into_reference_type":[63],"class_list":["post-2691","into_references","type-into_references","status-publish","has-post-thumbnail","hentry","into_reference_type-standard-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references\/2691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references"}],"about":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/types\/into_references"}],"author":[{"embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/users\/4"}],"version-history":[{"count":0,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references\/2691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/media\/2410"}],"wp:attachment":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/media?parent=2691"}],"wp:term":[{"taxonomy":"into_industry","embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_industry?post=2691"},{"taxonomy":"into_reference_type","embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_reference_type?post=2691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}