Udo Strehl

Bio

Managing Director of Ausum GmbH (formerly called Udo Strehl Private Equity GmbH) 

Udo Strehl was born in Ludwigsburg on June 6, 1954. After finishing school, he trained at the home loan bank in Ludwigsburg to become a banker. After completing his training, he joined the WΓΌstenrot Bank. 

In 1974, he had the opportunity to retrain as a programmer as part of an internal education program. He started in the organizational department as a programmer, then as an IT organizer until 1977. 

He joined a management consulting firm as a programmer, before becoming a consultant programmer in October 1977. He founded Udo Strehl Unternehmsberatung GmbH at the end of that year. 

Until 1993, he was managing director and sole partner of USU GmbH, which had advanced from an IT service company to a software house with its own products that offered highly qualified consulting services. In 1996, the company changed its business form to USU AG, with Udo Strehl as the Chief Executive Officer. 

The company, which had expanded to employ 200 people, went on the stock exchange on July 4, 2000, trading in the new market segment and listed as a public company. Udo Strehl was the majority stockholder and, as Chief Executive Officer, was responsible for the corporate strategy. The company had experienced steady growth, acquiring well-known customers, some far beyond German borders. 

Udo Strehl moved to the supervisory board of today's USU Software AG as part of the merger between USU AG and OpenShop Holding AG in 2002. He took on roles on various advisory boards. He became an angel investor, in this capacity he founded the investment company Udo Strehl Private Equity GmbH (USPEG). 

In June 2004, USPEG – which was later renamed Ausum GmbH in 2012 β€“ took over almost 50% of the remaining shares of USU Software AG as part of a major reallocation of shares from the holdings of existing stockholders of the former OpenShop Holding AG. As a result, Udo Strehl became the majority stockholder of the company. Udo Strehl has been chairman of the supervisory board of USU Software AG since the fall of 2004. 

Udo Strehl is married with three sons. He is a member of the advisory board of the Kreissparkasse Ludwigsburg bank, a member of the board of trustees of the German Sports Aid Foundation, a member of the German Olympic Association, and is active in many sports clubs.