News
AURELIUS Growth Investments founds IT services group connexta and acquires IT security specialist neam IT-Services GmbH
2021
AURELIUS Wachstumskapital SE & Co. KG („AWK“, “AURELIUS Growth Investments”) founded the IT services group connexta, which focuses in particular on the areas of cloud services and IT security. In addition to the existing holdings ID.KOM AG and BASYS Bartsch EDV-Systeme GmbH, the group also comprises the recently acquired neam IT-Services GmbH based in Paderborn.
In total, connexta has five locations in Kempten, Augsburg, Bremen, Paderborn and Wiesbaden and generates sales of approximately EUR 50 million. Building on this market position, connexta wants to grow organically and inorganically through a focused buy and build strategy. Connexta is well positioned organisationally and financially for further acquisitions.
Acquisition of neam IT-Services GmbH
On May 7, 2021, connexta acquired neam IT-Services. neam focuses on IT security and thus perfectly complements connexta’s existing service portfolio in the areas of cloud, managed services, and modern & secure workplace. The acquisition of neam as a third acquisition for connexta underlines the approach of AWK to actively expand portfolio companies through acquisitions of market participants.
Nico Vitense, Managing Partner of AURELIUS Growth Investments and Klaus Giehl, founder and board member of ID.KOM AG, are delighted about the transaction: “neam IT-Services GmbH has become one of the leading providers of IT security in Westphalia and beyond. With its broad service portfolio for IT security and cloud solutions, neam fits in very well to connexta. We look forward to working with the managing directors Oliver Vorwick and Kai Wittenburg and their great team!”
Oliver Vorwick and Kai Wittenburg, founders and managing directors of neam, added: “As part of connexta, we as neam have completely new opportunities for growth and the implementation of new ideas. connexta and neam complement each other both geographically and in terms of products.”
The transaction was managed by Nico Vitense (Managing Partner) und Martin Brüggemann (Senior Investment Associate) from AURELIUS Growth Investments as well as by Christian Schaub (Head of M&A und Business Development) from connexta. The team was supported by Ebner Stolz (Armand von Alberti, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).
About neam IT-Services GmbH
neam IT-Services GmbH is an IT service company focussing on IT security and cloud services for a medium-sized customer base with around 30-500 IT seats. In addition to its headquarters in Paderborn, the company has another location in Wiesbaden.
www.neam.de
About connexta GmbH
connexta GmbH is an IT services group that focuses on IT services for German medium-sized companies in the areas of multi-cloud services, IT security, managed services and modern workplaces. Connexta generates sales of approximately € 50 million at its five locations in Kempten, Augsburg, Bremen, Paderborn, and Wiesbaden.
www.connexta.de
About AURELIUS Growth Investments
As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy and Build and buyouts/succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of eight companies. In addition to capital for investments and growth, AURELIUS Growth Investments supports the management of its portfolio companies through its extensive entrepreneurial experience and helps to implement growth initiatives and realise operational potential.
Contact person on the neam transaction
Nico Vitense
Managing Partner
Mobile +49 162 239 00 70
nico.vitense@aureliusinvest.de
Contact person on connexta
Christian Schaub
M&A and Business Development
Mobile +49 172 245 42 46
christian.schaub@connexta.de