USU Ventures AG
USU Ventures AG is a German stock corporation (Aktiengesellschaft) registered with the Handelsregister at the Stuttgart Local Court under number HRB 206442, with its registered seat at Spitalhof 1, 71696 Möglingen, Germany. The company traded under the name USU Software AG from 2003 until shareholders approved renaming it to USU Ventures AG at the annual general meeting of 10 July 2025 — it is the same registered legal entity throughout, not a newly formed subsidiary. Its shares (ISIN DE000A0BVU28) were admitted to the regulated market of the Frankfurt Stock Exchange from 4 July 2000 until a BaFin-approved public delisting takeover offer by NUNUS GmbH, a wholly owned subsidiary of AUSUM GmbH, completed on 13 June 2024 at €18.50 per share; the delisting took effect on 2 July 2024, and the shares now trade only in the unregulated Freiverkehr on regional German exchanges. USU Ventures AG’s stated corporate purpose is now the acquisition, holding, management and disposal of shareholdings in other companies.
In early December 2024, the company — then still USU Software AG — sold 100% of its core software-product subsidiary, USU GmbH, and that company’s own subsidiaries, to Thoma Bravo Europe Fund, L.P., a US software investment firm, via the acquisition vehicle Zug UK HoldCo Ltd, London. As part of that transaction USU Ventures AG retained an 18.6% shareholding in Zug UK HoldCo Ltd and a 20% shareholding in Zug MEP Warehouse GmbH, Munich, both acquired during 2024, according to its 2024 annual report. The company also retains 100% ownership of USU Digital Consulting GmbH, Möglingen (formerly Openshop Internet Software GmbH), which took over USU GmbH’s IT-consulting service business on 1 July 2024. For the 2024 financial year, the company (then USU Software AG) reported single-entity total assets of €200.7 million and equity of €191.1 million — a 95.2% equity ratio — after receiving the sale proceeds, and it paid a special dividend of €14.50 per share in 2025. The on-file website, usu-software.de, now redirects to usu.com, which its own legal notice identifies as operated by USU GmbH, the divested business, rather than by USU Ventures AG; the company’s current official site is usu.ag.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
USU Ventures AG’s shareholder base is concentrated in its founder’s family. Following a BaFin-approved public delisting takeover offer that completed on 13 June 2024, the company’s founder, Udo Strehl, controls the substantial majority of the share capital and voting rights, both directly and through two linked private holding vehicles that he manages: AUSUM GmbH and its wholly owned subsidiary NUNUS GmbH, both of Möglingen. According to contemporaneous investor and market reporting on the delisting offer, AUSUM GmbH held approximately 51.6% of USU Software AG (as the company was then named) before the offer, and NUNUS GmbH acquired a further 2,786,283 shares (27.76% of voting rights) for approximately €51.5 million during the June 2024 offer period, taking the Strehl family’s combined direct and indirect stake to a reported approximately 81.81% of capital and voting rights. USU Ventures AG’s shares (ISIN DE000A0BVU28; 10,036,484 no-par bearer shares in issue as of 31 December 2024) now trade only in the unregulated Freiverkehr on regional German exchanges following the July 2024 delisting, so the remaining free float is held by a dispersed group of minority shareholders whose individual identities and holdings are not separately disclosed in the sources reviewed.
Ultimate beneficial ownership
Udo Strehl is identifiable as the company’s ultimate beneficial owner on the basis of the combined direct and indirect holding of approximately 81.81% of capital and voting rights reported in connection with the 2024 delisting offer — well above the 25% threshold used under German anti-money-laundering law (Geldwäschegesetz) to identify a beneficial owner. This is a reported effective percentage drawn from investor-relations and market commentary on the offer, dated to the June 2024 offer period, rather than a single dated statutory beneficial-ownership register filing; USU Ventures AG’s own notifications under the German Securities Trading Act (WpHG) were not independently reviewed for this profile.
Data availability
- Partial — Germany does not operate a general public shareholder register for stock corporations; the concentrated holding described above is drawn from reporting on the 2024 BaFin-approved delisting offer document and related investor commentary rather than from a complete, dated shareholder list, and the holdings of individual minority shareholders in the free float are not disclosed.
Sources
- USU Software AG / USU Ventures AG official company announcements on the NUNUS GmbH delisting takeover offer, usu.ag, 2024.
- Investor and market commentary referencing the BaFin-approved delisting offer document and offer results, retrieved September 2026.
- USU Software AG 2024 Annual Report (Geschäftsbericht / Jahres-Finanzbericht 2024), usu.ag, signed 20 May 2025.
Officers
20
USU Ventures AG’s Vorstand (management board) and Aufsichtsrat (supervisory board) are disclosed in its 2024 annual report (Handelsregister HRB 206442, Amtsgericht Stuttgart), signed 20 May 2025, and corroborated by the company’s current legal notice. During the 2024 financial year the Vorstand comprised two members: Bernhard Oberschmidt (Chairman of the Management Board) and Dr. Benjamin Strehl, who also served as Geschäftsführer of the then-subsidiary USU GmbH and resigned from the USU Ventures AG Vorstand effective 31 January 2025, shortly after completion of the USU GmbH sale; Bernhard Oberschmidt is recorded as the sole active Vorstand member following that departure. The Aufsichtsrat during 2024 comprised three members: Udo Strehl (Chairman; also Geschäftsführer of AUSUM GmbH and, since 5 December 2023, of NUNUS GmbH, both Möglingen), Erwin Staudt (Deputy Chairman; Unternehmensberater, Leonberg) and Gabriele Walker-Rudolf (Partner, Drees & Sommer SE, Stuttgart). No nationality is disclosed for any officer in the sources reviewed; German stock-corporation annual reports and the commercial register do not routinely publish directors’ nationality, and none is inferred here from any officer’s name or address.
Recent officer changes
- 31 January 2025 — Dr. Benjamin Strehl resigned from the Vorstand of USU Ventures AG (then USU Software AG), per the 2024 annual report; he had also served as Geschäftsführer of USU GmbH, the subsidiary sold to Thoma Bravo Europe Fund, L.P. in December 2024.
Data availability
- Full for the board composition disclosed as of the 20 May 2025 annual report; any further changes resolved at the 9 July 2026 annual general meeting were not confirmed against a primary filing for this review.
Sources
- USU Software AG 2024 Annual Report (Geschäftsbericht / Jahres-Finanzbericht 2024), usu.ag, signed 20 May 2025.
- USU Ventures AG official legal notice (Impressum), usu.ag, retrieved September 2026.
Registry feed — rows exactly as filed with Handelsregister (Commercial Register), including entries the profile above does not cover.
Group Structure
USU Ventures AG is the same legal entity, under the same Handelsregister registration (HRB 206442, Amtsgericht Stuttgart), as the company that traded as USU Software AG until shareholders resolved to rename it at the annual general meeting of 10 July 2025; it is not a separate subsidiary, venture-capital arm or newly incorporated affiliate of USU Software AG, but a continuation of that same registered company under a new name and, since the 2024 transaction described below, a different business purpose. USU Ventures AG directly owns 100% of USU Digital Consulting GmbH, Möglingen (formerly Openshop Internet Software GmbH), which is linked to it by a profit-and-loss transfer agreement (Gewinnabführungsvertrag) and took over the IT-consulting service business formerly run inside USU GmbH on 1 July 2024. In early December 2024, USU Ventures AG sold 100% of USU GmbH and that company’s own subsidiaries — the group’s former core software-product business — to Thoma Bravo Europe Fund, L.P., Chicago, a US software investment firm, via the acquisition vehicle Zug UK HoldCo Ltd, London. As part of that transaction, USU Ventures AG retained an 18.6% minority shareholding in Zug UK HoldCo Ltd and a 20% shareholding in Zug MEP Warehouse GmbH, Munich, both acquired during 2024, per its 2024 annual report; USU GmbH, the divested business, has continued to operate separately under its new owner. USU Ventures AG’s own majority shareholder is its founder, Udo Strehl, through AUSUM GmbH and AUSUM’s wholly owned subsidiary NUNUS GmbH, both also based at Spitalhof 1, Möglingen — a relationship covered in the shareholders section of this profile rather than here.
Verified corporate relationships
| Entity | Country | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|
| USU Digital Consulting GmbH, Möglingen | Germany | Direct subsidiary | 100% | Active | 31 Dec 2024 |
| Zug UK HoldCo Ltd., London | United Kingdom | Minority shareholding (affiliate) | 18.6% | Active | 31 Dec 2024 |
| Zug MEP Warehouse GmbH, Munich | Germany | Minority shareholding (affiliate) | 20% | Active | 31 Dec 2024 |
Recent structural changes
- Early December 2024 — USU Ventures AG (then USU Software AG) sold 100% of USU GmbH and its subsidiaries to Thoma Bravo Europe Fund, L.P. via Zug UK HoldCo Ltd, retaining an 18.6% stake in the buyer entity.
- 1 July 2024 — the IT-consulting service business was transferred out of USU GmbH into Openshop Internet Software GmbH, which was then renamed USU Digital Consulting GmbH.
- 10 July 2025 — shareholders approved renaming the company from USU Software AG to USU Ventures AG, reflecting its new role as an investment holding company.
Data availability
- Partial — the relationships above are confirmed by USU Ventures AG’s own 2024 annual report; individual registration numbers for the linked entities were not located in the sources accessible for this review, and no further subsidiaries or sister companies beyond those disclosed in the annual report were identified.
Sources
- USU Software AG 2024 Annual Report (Geschäftsbericht / Jahres-Finanzbericht 2024), usu.ag, signed 20 May 2025.
- Handelsregister-derived company data for HRB 206442, Amtsgericht Stuttgart, via professional registry data provider, retrieved September 2026.
- Company and market announcements on the USU GmbH sale to Thoma Bravo Europe Fund, L.P. and the renaming to USU Ventures AG, 2024–2025.
Registry feed — rows exactly as filed with Handelsregister (Commercial Register), including entries the profile above does not cover.
AUSUM GmbH
Germany
Get complete shareholder and officer records, ultimate beneficial owner resolution, and ongoing ownership monitoring.
Frequently Asked Questions
What is the exact legal name of this company on file?
The company is on file as USU Ventures AG.
In which jurisdiction is USU Ventures AG registered?
It is registered in Germany, with the Handelsregister at the Stuttgart Local Court (Amtsgericht Stuttgart).
What is USU Ventures AG’s Handelsregister registration number?
The on-file registration number, HRB 206442 Stuttgart, matches the company’s Handelsregister entry.
Does the on-file incorporation date of 1 January 2024 reflect when USU Ventures AG was actually formed?
No. The 1 January 2024 date on file follows a recurring January-1st placeholder pattern seen elsewhere in this dataset rather than a real registration date. Handelsregister-derived data for HRB 206442 records the entry at the Stuttgart court from 7 March 2006, and the underlying company traces back to a business founded in 1977 that listed on the Frankfurt Stock Exchange on 4 July 2000 — decades before the on-file date. Nothing legally significant happened to this company on 1 January 2024; its major 2024 event was the sale of its core subsidiary, described below.
What is USU Ventures AG’s legal form?
It is an Aktiengesellschaft (AG), a German public stock corporation.
What is USU Ventures AG’s registered address?
The registered seat is Spitalhof 1, 71696 Möglingen, Germany.
What is USU Ventures AG’s current registry and trading status?
The Handelsregister entry is active. The company’s shares were delisted from the regulated market of the Frankfurt Stock Exchange effective 2 July 2024 and now trade only in the unregulated Freiverkehr on regional German exchanges.
Is USU Ventures AG the same company as USU Software AG?
Yes. USU Ventures AG is the identical legal entity and Handelsregister registration (HRB 206442) that previously traded as USU Software AG; shareholders approved the renaming at the annual general meeting of 10 July 2025. It is not a separate subsidiary or newly formed venture-capital arm of USU Software AG.
Why does the on-file website for USU Ventures AG point to a USU Software domain?
The on-file website, usu-software.de, now redirects to usu.com, which its own legal notice identifies as operated by USU GmbH — the former product-business subsidiary that USU Ventures AG sold in December 2024 — rather than by USU Ventures AG itself. USU Ventures AG’s current official site is usu.ag.
What does USU Ventures AG do today?
Following the December 2024 sale of its core software-product subsidiary, USU Ventures AG’s stated corporate purpose is the acquisition, holding, management and disposal of shareholdings in other companies — it now functions as an investment holding company rather than an operating software business.
What happened to USU GmbH, USU Ventures AG’s former core subsidiary?
In early December 2024, USU Ventures AG (then USU Software AG) sold 100% of USU GmbH and its subsidiaries to Thoma Bravo Europe Fund, L.P., a US software investment firm, via the acquisition vehicle Zug UK HoldCo Ltd, London. USU Ventures AG retained an 18.6% shareholding in Zug UK HoldCo Ltd and a 20% shareholding in Zug MEP Warehouse GmbH, Munich.
Who are USU Ventures AG’s main shareholders?
Founder Udo Strehl controls a reported approximately 81.81% of capital and voting rights, directly and through AUSUM GmbH and AUSUM’s wholly owned subsidiary NUNUS GmbH, following a 2024 delisting takeover offer. The remaining free float is held by dispersed minority shareholders not individually disclosed.
Who sits on USU Ventures AG’s management board (Vorstand)?
Bernhard Oberschmidt (Chairman) is recorded as the sole active Vorstand member since Dr. Benjamin Strehl’s resignation effective 31 January 2025, per the company’s 2024 annual report.
Who sits on USU Ventures AG’s supervisory board (Aufsichtsrat)?
As of the 2024 annual report, the Aufsichtsrat comprised Udo Strehl (Chairman), Erwin Staudt (Deputy Chairman) and Gabriele Walker-Rudolf.
Is USU Ventures AG part of a corporate group?
USU Ventures AG is itself the top of its remaining corporate structure: it wholly owns USU Digital Consulting GmbH and holds minority stakes (18.6% and 20%) in two entities linked to the divested USU GmbH business. Its own majority shareholder is founder Udo Strehl via AUSUM GmbH and NUNUS GmbH, not a corporate parent.
Does zavia.ai monitor USU Ventures AG for company data changes?
Yes, zavia.ai tracks available registry, ownership and officer data for USU Ventures AG and can provide alerts and API access for ongoing due-diligence monitoring of this record.