AURELIUS Growth Investments’ IT Group ID.KOM Acquires BASYS Bartsch EDV-Systeme GmbH
Acquisition as Part of a Buy and Build Strategy
On November 6th, 2020, AURELIUS Wachstumskapital SE & Co. KG ("AWK", “AURELIUS Growth Investments”) has acquired BASYS Bartsch EDV-Systeme GmbH ("BASYS") based in Bremen, representing the second addition for its IT service group besides ID.KOM AG. ID.KOM AG focuses on private cloud services through its own data centre, managed services, IT systems and software. In addition to this, BASYS particularly offers IT services in the areas of cloud services, IT security and modern workplaces. BASYS’ geographical focus is Northern Germany including the metropolitan areas of Bremen-Oldenburg and Hamburg. The acquisition of BASYS as the second acquisition for the IT service group founded last year underlines the approach of AWK to actively expand portfolio companies through acquisitions of market participants.
Nico Vitense, Managing Partner of AWK, and Klaus Giehl, founder and board member of ID.KOM AG, expressed their satisfaction about the transaction: “BASYS Bartsch EDV-Systeme GmbH has established itself as one of the leading regional players in Northern Germany. With its broad service portfolio for cloud services, IT security and modern workplaces, the company represents a perfect fit with ID.KOM AG. We look forward to working with Managing Director Olaf Brandt and his great team. "
Olaf Brandt added: “Being part of AWK’s IT service group, we at BASYS face new opportunities for growth and the implementation of new ideas. ID.KOM and BASYS complement each other both geographically and in terms of their service offerings."
On behalf of Aurelius, the transaction was led by Nico Vitense (Managing Partner), Jan-Willem Rahnenführer (Investment Manager) and Martin Brüggemann (Investment Associate). The team was supported by Ebner Stolz (Mr. von Alberti, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Legal Due Diligence and Legal Advice).
About BASYS Bartsch EDV-Systeme GmbH
BASYS Bartsch EDV-Systeme GmbH, based in Bremen, is an IT service company focusing on the areas of cloud services, IT security and modern workplaces for a medium-sized customer base with around 30-500 “seats”.
About AURELIUS Wachstumskapital
As part of the AURELIUS Group, AURELIUS Growth Investments focuses on buyouts/succession solutions as well as the financing of further growth through M&A and internationalisation.
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 BASYS Bartsch EDV-Systeme GmbH
Mobil +49 162 239 00 70