AURELIUS IT services group connexta acquires IF-Tech AG

04.10.2021

AURELIUS IT services group connexta acquires IF-Tech AG

  • Acquisition of a specialised IT service provider with a focus on Work 4.0
  • Strengthened market position in southern Germany
  • Successful implementation of Buy and Build Strategy

Acquisition of IF-Tech AG

On September 23, 2021, connexta GmbH ("connexta"), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (“AURELIUS Growth Investments”), acquired IF-Tech AG. IF-Tech's focus is on cloud solutions and Work 4.0, i.e. modern virtualization and collaboration solutions, especially for use in home offices. The acquisition of IF-Tech represents a strategically valuable addition to connexta and, as the fourth acquisition of connexta, underlines AURELIUS Growth Investments’ approach of actively expanding portfolio companies through acquisitions of market participants.

Nico Vitense, Managing Partner of AURELIUS Growth Investments, was very pleased with the transaction: “IF-Tech AG has become one of the leading specialised providers of modern workspace in southern Germany and beyond. With its service portfolio for modern workspaces and cloud solutions, the company is a great fit with connexta. We and all connexta group companies are very much looking forward to working with the board members Stefan Mooser, Martin Holzner and Marco Klose and their great team! "

Stefan Mooser and Martin Holzner, founders and board members of IF-Tech, added: “As part of connexta, we as IF-Tech have entirely new opportunities for growth and the implementation of new ideas. connexta and IF-Tech complement each other perfectly, both geographically and in terms of products. We are very much looking forward to the future together."

The transaction was managed by Nico Vitense (Managing Partner) and Saskia Puschmann (Senior Investment Associate) from AURELIUS as well as by Christian Schaub (Head of M&A and Business Development) from connexta. The team was supported by Ebner Stolz (Jörg Schoberth, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).

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 seven locations in Kempten, Augsburg, Bremen, Paderborn, Wiesbaden, Munich and Ansbach.

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.

 

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.

Kontakt

Nico Vitense
Managing Partner
Ansprechpartner zur IF-Tech Transaktion

Tel: +49 162 239 00 70

Christian Schaub
Leiter M&A und Business Development
Ansprechpartner connexta

Tel: +49 172 245 42 46