Remove 2000 Remove Acquisition Remove Investors Remove Software
article thumbnail

The History and Downfall of a German Wholesale Company “Wollschläger” – Part 1

QYMATIX

Almost all new offices in Germany resulted from short-term acquisitions of smaller regional dealers. In the year 2000, the Wollschläger Group merged with his long-standing partner Industrie Werkzeug Vertrieb GmbH. Were all these mergers and acquisitions a good idea? Maybe just an expensive one. What do you think?

article thumbnail

The History and Downfall of a German Wholesale Company “Wollschläger” – Part 2

QYMATIX

KG had more than doubled from 2000 to 2010. One former manager wrote me: “in retrospect, the company simply placed too great a focus on permanent growth through acquisitions. Andrea Schröder: Wollschläger: Investor zieht Kaufangebot zurück – 420 Mitarbeitern wird gekündigt. The turnover of Wollschläger GmbH & Co.

article thumbnail

What is Net Revenue Retention in SaaS and How to Calculate it Correctly

SmartKarrot

With the distribution model of the software totally changed in the SaaS industry, there are many new concepts and metrics that have come to use. No doubt, new customer acquisition is still a major need for any sustainable business, retaining existing ones is a new need specific to the SaaS industry.