September 2013: bm|t realizes attractive return with partial sale of its shareholding in pepperbill GmbH.
pepperbill GmbH, one of the leading providers of order and payment management systems for the gastronomy industry, has a new majority shareholder: Fabian and Ferry Heilemann, who have purchased over 60% of the Erfurt tech start-up through their holding company Sky & Sand GmbH.
Marcel Mansfeld, Andreas Stein and Professor Dr. Volker Herwig from Fachhochschule Erfurt founded pepperbill in June 2012. Until today, the company was financed by the founders, a business angel and bm|t beteiligungsmanagement thüringen GmbH.
With growth financing from the Thüringer Gründerfonds, managed by bm|t, the technical development and the buildup of a sales team was accomplished. Over the past year, the Erfurt team doubled to 12 employees. Through the investment from Sky & Sand and the planned build-out of the company’s capacity in Erfurt, this transaction brings sustainable and positive benefits to Thuringia.
After only 12 months since the initial investment, bm|t sold the majority of its shares to Sky & Sand GmbH with an attractive return on investment.
Heilemann brothers acquire majority of mobile POS business pepperbill
Marcel Mansfeld, Ferry Heilemann
Erfurt (subsidiary in Berlin)