Cytrus AG Asset Profile

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Year established

1999

Location

Switzerland

Primary Industry

Software

About

Based in Volketswil, Switzerland, and founded in 1999, Cytrus AG formerly known as SteinhilberSchwehr AG, operates as a provider of software solutions focuses on the digitization of product lifecycle management (PLM) and manufacturing operations. In March 2022, MAIT Swiss GmbH, a portfolio company of Findos Investor, acquired Cytrus AG. As of July 2022, the company operates in three locations with training centers in Switzerl led by its CEO Christoph Renker. Cytrus AG product offering includes NX for Design, Fibersim, Simcenter, MindSphere, team center, polarion ALM, Tecnomatix, Tecnomatix Plant Simulation, and NXCAM. The comany also offers various services such as PLM maturity assessment, product lifecycle management (PLM), application process harmonization, digital transformation, manufacturing operations management (MOM), and virtual commissioning. In addition, the company offers tarining and PLM maturity assessment. Following the acquisition, Cytrus AG's plans to exand its existing Siemens portfolio in Switzerland, especially in the direction of quality management, design, and also in the training business.

Current Investors

MAIT Swiss GmbH

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Primary Industry

Software

Sub Industries

Education & Training Services, Analytics & Performance Software, Monitoring & Security Software, Systems Management Software

Website

www.cytrus.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Cytrus AG	29 Mar 2022

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