AURELIUS Growth Investments IT services group connexta acquires Anduras AG

08.04.2022

AURELIUS Growth Investments IT services group connexta acquires Anduras AG

  • Acquisition of a specialized IT service provider focused on network technology and network security
  • Strengthened market position in southern Germany
  • Successful implementation of Buy and Build Strategy

On March 31, 2022, connexta GmbH ("connexta"), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (AURELIUS Growth Investments), acquired Anduras AG ("Anduras") via its subsidiary IF-Tech AG ("IF-Tech"). Anduras focuses on planning, implementing, and maintaining network technology, including security solutions. The acquisition of Anduras, as the fifth add-on to connexta, is in line with AURELIUS Growth Investments' strategy of actively expanding its portfolio companies through strategic acquisitions of other market participants.

Nico Vitense, Managing Partner at AURELIUS Growth Investments, said of the transaction: "Anduras is an established specialized firm in the network security sector. With its service portfolio, the company fits very well with connexta. We and all connexta group companies are very much looking forward to working with board member Marcus Junker and his experienced team!"

Stefan Mooser, founder and board member of IF-Tech, said: "The network competencies of Anduras, including their own planning and automation software, perfectly complement IF-Tech's solutions for Work 4.0 IT infrastructure. Secure networks are the foundation of state-of-the-art work solutions."

Marcus Junker, founder and board member of Anduras, added: "In IF-Tech, connexta and AURELIUS Growth Investments, we have found long-term partners who support us in our growth strategy. We are very much looking forward to our future together."

The transaction was managed by Nico Vitense (Managing Partner) and Saskia Puschmann (Investment Manager) from AURELIUS, as well as by Christian Schaub (Managing Director) from connexta. The team was supported by Moore Rhein-Ruhr (Frank Honig, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).

About Anduras AG
Anduras AG, located in Passau, supports its clients as an advisor on the topics of network technology and network security. Its services reach from consulting and planning to implementation and automation to maintenance and individual services.

About IF-Tech AG
IF-Tech AG, headquartered in Munich, accompanies its customers as a consulting company around the topic of Work 4.0 in the IT infrastructure area, from strategic consulting to implementation to ongoing operation and customized services. In addition to its headquarters in Munich, the company has another location in Ansbach.

About connexta GmbH
connexta GmbH is an IT services group that primarily focuses on IT services for German SMEs in the areas of multi-cloud services, IT security, managed services, and modern workplace. connexta achieves a turnover of over € 50 million at its eight locations in Kempten, Augsburg, Bremen, Paderborn, Wiesbaden, Munich, Ansbach and Passau.

Contact persons on the Anduras transaction

Nico Vitense
Managing Partner
Mobil: +49 162 239 00 70

Saskia Puschmann
Investment Manager
Mobil: +49 162 4141 328

Contact person connexta

Christian Schaub
Managing Director
Mobil: +49 172 245 42 46

 

About AURELIUS

AURELIUS Group is a pan-European asset management group with offices in Munich, London, Stockholm, Madrid, Amsterdam, Milan and Luxembourg.

Key investment platforms are its AURELIUS European Opportunities IV fund as well as listed AURELIUS Equity Opportunities SE & Co. KGaA (“AEO”; ISIN: DE000A0JK2A8), which acquire corporate carve-outs and companies with development potential in the mid-market (fund) and lower mid-market sector (AEO). The investment strategy’s core element is operational support of its portfolio companies with a team of almost 100 in-house operating taskforce experts. AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy-and-Build as well as buyouts and succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of nine 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 with realizing operational potential and the implementation of growth initiatives.