smino receives growth financing from UBS Growth Advisory and strengthens its Board of Directors with digital pioneer Norman Meyer.
smino AG, provider of a leading software solution for planning and construction projects, is accelerating its international growth.
The growth financing granted by UBS Growth Advisory will enable smino to continue its successful internationalization and implement its vision of a complete CDE platform with a full collaboration approach.
The appointment of Norman Meyer to the smino Board of Directors will further strengthen the company’s international expansion with one of the most influential digital personalities in the German construction industry. Stronger growth with additional funding The cooperation with UBS, one of the most respected financial institutions in the world, is invaluable for smino.
In addition to growth financing, the company also benefits from UBS’s extensive resources, industry-specific expertise and valuable network.
For Rebecca Büsser, CFO of smino, this financing is a great success: “The successful conclusion of this financing is confirmation that we are on the right track. Our vision and strategic approach have won the trust of investors, and this strengthens our confidence that we will shape the future with financial stability and growth potential.” New member of the Board of Directors The international expansion will also be strengthened with the expertise of Norman Meyer.
Meyer has been a member of the Board of Directors of smino AG since June and also works as an Executive Advisor.
Most recently, he played a key role in the digitalization of the construction industry for six years as Head of Digital Business Models at Drees & Sommer.
Prior to this, he founded and successfully established the PropTech company Asset Profiler in 2011.
Norman Meyer is also a member of the Innovation Think Tank of the ZIA and the gif (Gesellschaft für immobilienwirtschaftliche Forschung). Reinforcement with industry expertiseSandorBalogh
, Managing Partner at smino, is delighted with the addition: “His track record is impressive and he is an ideal fit for smino. Norman Meyer was a founder himself, built up a start-up over 6 years and spun off several start-ups and initiated investments in established companies. He also has an excellent network in the industry. I am delighted that we have been able to recruit him for smino.” Meyer is looking forward to the new challenge: “smino is an innovative and user-friendly solution that has successfully proven itself and demonstrated its USP to numerous customers worldwide. I am delighted to be able to support the company as it continues to grow. In my 20 years in professional real estate and digital innovation, I have learned that a strong, user-centric product and a professional and passionate team are key to success. And smino has it all.” Left:
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Simon Zaugg
17 May, 2022
Digitization Press release
