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KKR invests in smaXtec to accelerate global growth and US expansion 

App interface of smaxtec.

We would like to congratulate KKR and smaXtec, a leading provider of agri-tech for the global dairy industry, on the growth investment led by global investment firm, KKR, alongside technology investor Highland Europe (“Highland”). Existing shareholder Sophora Unternehmerkapital (“Sophora”) retained a minority stake in the business.  

Prior to the deal announcement, the OMMAX team supported smaXtec with a Tech Exit Readiness Assessment and Tech Vendor Due Diligence, including:

  • Comprehensive technology assessment encompassing hardware and software capabilities, bolus manufacturing processes, and overall product strategy
  • Assessment of AI strategy, roadmap and capabilities  
  • Review of the organizational setup and team capabilities, with special focus on scalability and future growth potential
  • Validation of smaXtec's extensive network of integrations and partnerships across the agricultural technology ecosystem

smaXtec is a leading monitoring platform that transforms dairy farming by enhancing efficiency and promoting animal health through its proprietary technology. The platform enables early disease detection, monitors fertility with heat detection, and reduces birth-related complications, all contributing to improved cow welfare and farm productivity.

KKR’s investment is to fuel smaXtec’s product innovation and accelerate its international growth as the global dairy industry increasingly adopts digital tools to improve animal health. smaXtec expects to benefit from KKR’s operational expertise, leveraging the firm’s platform to scale as a leader in agricultural technology. Additionally, smaXtec will access KKR’s extensive network of industry professionals, particularly in agriculture and technology, to strengthen its position as a pioneer in dairy farming solutions.

This deal underscores the growing demand and powerful impact of tech & AI in agriculture. 

Do you want to know more about OMMAX’s experience in transaction advisory and tech, data and AI strategy? Get in touch with Dr. Mihail Minev (mihail.minev@ommax.de) and Dr. Stefan Sambol (stefan.sambol@ommax.de). 

About smaXtec 

smaXtec provides dairy farmers with the most advanced health monitoring system, designed to prevent diseases in cows, boost milk yields, improve animal welfare, and reduce methane emissions in milk production. By integrating cutting-edge AI technology, such as the TruAdvice™ system, smaXtec detects potential diseases long before they become clinical. This enables farmers to prevent most diseases altogether by applying milder and alternative treatments. The combination of accurate data and intelligent insights helps farmers around the world to optimize their operations, improve the efficiency of daily tasks and reduce antibiotic use. smaXtec is committed to enhancing the stability, sustainability and profitability of dairy farming globally. 

For more information, please visit https://smaxtec.com/ 

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. 

For more information, please visit https://www.kkr.com/ 

About OMMAX 

We believe everyone can become a digital leader. 

OMMAX is a fast-growing digital strategy consultancy specializing in transaction advisory, strategy, and end-to-end execution of digital initiatives. It’s our vision to build digital leaders worldwide to foster innovation and accelerate digital growth and profitability. Since 2011, we realized 500+ M&A deals with >€18B deal value and 3,000+ international value creation projects in various industries for leading private equity firms in commercial strategy, digital operational excellence, advanced data strategy, analytics, tech, and automation. As a front-runner for holistic data-driven strategy consulting and end-to-end execution, we are the leading consultancy within the global private equity sphere, designing and delivering best-in-class digital strategy and value creation.

Meet the authors

Dr. Stefan Sambol

Dr. Stefan Sambol

Founding Partner
Profile
Dr. Mihail Minev

Dr. Mihail Minev

Partner Technology Advisory & Strategy
Profile

I would like to say thank you to the whole tech advisory team from OMMAX. You supported us incredibly well in getting ready for this major milestone. The report really reflects our tech strength and future product innovation & AI growth journey. Thank you for your remarkable engagement and diligent work in 2024, it was an amazing collaboration, to be continued.

Stefan Rosenkranz
Founder and CPO of smaXtec

It has been an absolute privilege to support smaXtec on the growth journey and tech exit readiness, tech vendor due diligence. We are excited to continue collaborating to drive forward tech and AI growth ambitions in 2025 and beyond!

Dr. Stefan Sambol, Founding Partner.

Dr. Stefan Sambol
Founding Partner