The acquired company focusses on consulting in company controlling solutions in the DACH region. Its portfolio encompasses technical and in depth consulting in Business Analytics-, Information Management- and Performance Management solutions. Partnering with leading software suppliers, the company offers solutions based on IBM, SAP, Oracle, Microsoft- and Informatica software.
Strategy midsized German IT Consultancy and Solutions Group
The buyer is a mid-sized German group with revenues of approx. 60 million EUR hat is doing acquisitions on a regular basis. Its aim is to establish a profitable high-end consultancy and solutions group in the DACH region. This aim is being pursued through organic growth of the group companies as well as through well-aimed acquisitions. In doing this, the company is taking advantage of some basic underlying change factors in the fragmented central European IT market:
Group companies retain their independence to a very large extent but are in a position to benefit from the group’s strengths, e.g. in recruiting, financing, access to other experts, increased offering to customers, best practice approaches, etc.
The CFIE M&A team helped the buyer mainly in deal sourcing for this acquisition. The team has scouted the target company, has put forward the acquirer’s strategy and benefits of joining the acquirer’s group of companies, and has initiated the talks and negotiations between the target company and the acquirer.
Frits Verheesen helped in approaching the right target and brought them together. Both companies realized the combination would make them stronger.
Feel free to contact us for further details about this acquisition in Germany. If you are looking for acquisitions or business sales of IT companies in other countries than Germany it is also good to contact us. We know other available IT targets as well as IT investors in Europe or would be able to find the ones that suit you. A phone call is also suitable (+31-6-24629234) if you want to know more about possible other IT industry opportunities.