04.05.2023 Mainz, the investment company Afinum has acquired a majority stake in the ITecon Group. The ITecon Group, consisting of the two companies ITecon GmbH and ITecon Financial IT-Service GmbH, is a highly specialized provider of data centers and IT services in the field of critical infrastructure. Due to the increasing demand in the market for data centers with extraordinary security requirements and the excellent positioning in this segment, the ITecon Group has experienced strong revenue and profit growth in recent years. Afinum plans to expand ITecon Group together with Hartl Group into a market-leading platform for cloud and data center services through a targeted acquisition strategy. The M&A consultancies CARL from Berlin and SGP Schneider Geiwitz Corporate Finance from Munich exclusively advised the owners of the ITecon Group in the investment process. "We are glad that with Afinum we quickly found a partner for ITecon Group who, similar to us, recognized the great potential of the company," says Benjamin Görwitz, head of M&A at CARL. "We are convinced that through the network and the great synergy potentials, ITecon Group, together with Hartl Group, is looking into a great future with strong and sustainable growth," adds Nicolas Gutbrod, Managing Director at SGP.
The previous owners of the ITecon Group, Stephan Hölger-Winhardt and Heiko Zißner, will remain active as managing directors of ITecon. Both expressed their delight about the transaction and the upcoming joint future: "Afinum is an ideal partner to initiate the next stage of growth. CARL and SGP have recognized the great potential of ITecon from the very beginning and provided us with great advice. We look forward to continuing as managing directors to lead ITecon Group into a bright future."
The ITecon Group is a long-standing operator of highly secure data centers and provider of IT services for banks and financial service providers. Its customers include operators of system-relevant infrastructures as well as medium-sized companies that have the highest requirements in terms of security standards and reliability. In addition to data centers, the ITecon Group offers a wide range of highly specialized IT services and cloud services. For more information, please visit: https://www.itecon.de/
Afinum, with offices in Munich and Zurich, invests in healthy companies of the German-speaking SME sector, irrespective of the industry. The focus of the investment approach is on classic succession planning or spin-offs from medium-sized groups of companies, combined with the development and implementation of growth initiatives.
synaforce is a company in the field of high-end data center services, which is currently being created through a very specialized buy-and-build principle. Through the merger and integration of top specialized companies in the data center environment from the DACH region, a new strong overall brand and company structure is emerging.
CARL is Germany's leading platform for company sales in Mittelstand and part of the DoubleDigit Group. With a combined experience of successful transactions with a volume of more than 900 m Euro, the group supports Company Owner from the Mittelstand and the technology sector on the way to a successful company sale. The common vision: Each Company Owner/ - all the same whether large or small - is to reap the fruits of its life's work and receive for it the best service, in particular genuine increase in value. Under the portal https://www.nachfolge.de/ CARL regularly publishes professional articles around the urgent problem of succession in the German Mittelstand.