AURELIUS Growth Investments portfolio company connexta acquires esko-systems
- Acquisition of a leading IT security service provider
- Strengthens connexta's market position in Southern Germany
- Successful implementation of buy-and-build strategy with seventh add-on
Munich, May 4, 2023 – connexta GmbH (connexta), a portfolio company of AURELIUS Growth Investments has acquired esko-systems GmbH & Co. KG (esko). The acquisition of esko is connexta's seventh purchase, reinforcing the strength of AURELIUS Growth Investments’ buy-and-build approach.
esko-systems GmbH & Co. KG was founded in 2017. The company, which has 40 employees, is based in Kötz (Bavaria). esko specialises in providing IT security support to medium-sized and large companies. The range of services includes setting up secure IT networks, checking and securing existing corporate networks, and managed services.
“esko complements connexta with a comprehensive range of services in the field of high-end IT security. In addition, the acquisition strengthens our market position in southern Germany. We and all connexta employees are looking forward to working with the managing directors, Hüseyin Esnemez and Manuel Köbler, as well as their talented team,” states Nico Vitense, Managing Partner of AURELIUS Growth Investments.
“We see multiple development opportunities in the connexta group. Joining the connexta group is therefore a corresponding step for further growth. In addition, we were convinced by the group's team culture,” explains Manuel Köbler, Managing Director and founder of esko.
“esko's customers will benefit from us becoming part of the connexta group. Combining our services with connexta's sister companies, we will be able to offer IT security process consulting with neam, secure data centers with ID.KOM, and secure modern workplace environments with IF-TECH. As a result of this combination, we will expand our existing range of services,” adds Hüseyin Esnemez, founder and Managing Director of esko.
The transaction was managed by Nico Vitense (Managing Partner), Saskia Puschmann (Investment Manager) and Katharina Schüler (Investment Associate) from AURELIUS Growth Investments and Christian Schaub (Managing Director) from connexta.
AURELIUS Growth Investments was supported by Ebner Stolz (Joerg Schoberth, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).
About connexta GmbH
connexta GmbH is an IT services group for demanding German medium-sized businesses with a focus on the areas of IT security, multi-cloud services, managed services and modern workplace. connexta generates sales of approximately € 95 million at its locations in Ansbach, Augsburg, Bremen, Kempten, Kötz, Munich, Oldenburg, Paderborn, Passau and Wiesbaden. www.connexta.de
Contact person for the esko transaction
Nico Vitense
Managing Partner
Saskia Puschmann
Investment Manager
Katharina Schüler
Investment Associate
Contact connexta
Christian Schaub
Managing Director
About AURELIUS
AURELIUS is a pan-European alternative investment firm. Deep operational expertise and experience enable AURELIUS to accelerate value creation within its portfolio companies. The Group has offices in London, Luxembourg, Munich, Amsterdam, Stockholm, Madrid, Milan and Dusseldorf.
Our key investment platforms are AURELIUS European Opportunities IV fund and listed AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4), which specialise in corporate carve-out transactions and acquiring companies with development potential in the mid-market. The investment strategy’s core element is growth of its portfolio companies, supported by a team of almost 100 operating taskforce experts.
AURELIUS Group additionally operates in the areas of growth capital, real estate and alternative lending solutions. AURELIUS Growth Investments is focused on transactions involving buy-and-builds, buyouts and succession solutions across the small cap sector. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company provides flexible lending solutions to firms across Europe.
AURELIUS Growth Investments is a member of AURELIUS Group. Its portfolio comprises eleven 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.