Munich. GSG GENII Software Group (GENII), an enterprise software holding company backed by funds advised by Bregal Unternehmerkapital and Elvaston, today announces two senior leadership appointments with Alasdair Marnoch as Group Chief Financial Officer and Dirk Bingler as Group CTO. Together with CEO Matthias Siekmann, they will lead GENII’s continued organic growth and buy-and-build strategy.
GENII’s group companies are market leaders for industry specific software solutions purposely developed to manage the most critical business processes of mid-sized companies across five vertical markets – Manufacturing, Retail, Distribution, Public Services and Laboratories.
Alasdair Marnoch is a highly experienced international CFO who joins from Innovation Group. He has led multiple private-equity backed buyouts as CFO and has a strong track record both in software as well as in buy-and-build strategies in his various CFO roles. His extensive capital market expertise (including IPO) in raising both equity and debt complements and underpins GENII’s growth ambitions. Alasdair will be responsible for Finance, M+A, Legal and Tax. Ralph Hartwig, who has been interim Group CFO in addition to his CFO role at GUS Group, steps down from GENII’s Group management and will lead the Finance functions for both Manufacturing and Laboratories as CFO. Ralph will directly report to Alasdair.
Dirk Bingler, who until the end of 2022 was CEO of GENII’s portfolio company GUS Group, joins the executive team at GENII as Group CTO. Dirk will lead the technology strategy for all GENII Group companies. He will drive GENII‘s ambition to develop and establish a modern group-wide technology platform that helps customers to migrate to future proof cloud-based solutions.
Matthias Siekmann, Group CEO, states, “I am delighted to welcome Alasdair and Dirk to GENII. In 2022 we have shown significant growth momentum with ten successful acquisitions that boosted pro-forma revenues to €340M. Alasdair will help us continue and accelerate our growth ambitions, lead the post-acquisition integration efforts, and drive group-wide efficiencies. Dirk will lead our tech platform development and cloud strategy – a key strategic priority for all GENII Group companies. With his experience from GUS, he will be able to accelerate successful deployment of cloud-based applications that are future-proof and scalable.”
“I would also like to thank Ralph Hartwig, who has done an excellent job setting up the Group finance function in addition of his responsibilities at GUS and very much looking forward to working with him in his extended role going forward.”
Alasdair Marnoch, Group CFO, commented, “It was an easy decision to commit to GENII. We have an incredible, and rare, opportunity to build a leading enterprise software group focused on niche verticals, with exciting, long-term growth prospects driven by the continued digitization of GENII’s large and loyal customer base. I am very excited to join the team and look forward to delivering positive outcomes for all our stakeholders.”