Impeo Software
Helping insurers contribute successfully to the security and well-being of their customers.
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In 2009, Alexander Schweers founded Impeo Software in Munich, Germany. The company's focus was clear: develop front-end software systems for a very specific market—insurance companies and financial service providers. Impeo built tools for quoting, customer relationship management, and sales portals, attracting major clients like AXA and Swiss Life. By creating specialized software, Impeo established a strong foothold in the financial services industry in Europe, the Middle East, Africa, and Latin America. The company's journey took a significant turn in 2011 when it received a private equity investment from BayBG, signaling the strength of its business model. This led to the main event in the company’s history. In July 2017, Impeo was acquired by The Riverside Company and its portfolio company, Fadata, a provider of insurance software. This move was a classic playbook execution: a larger software provider acquiring a specialized firm to integrate its front-office applications and expand its offerings. The acquisition brought Impeo's expertise to a broader, global platform, demonstrating the value locked within niche, vertical software solutions.