CONET Technologies Holding GmbH has agreed to acquire Babiel GmbH

Synopsis

H.I.G. Capital portfolio company CONET Technologies Holding GmbH, a leading IT consulting and software development company, has agreed to acquire Babiel GmbH, company offering services and implementation solutions in the fields of online communication and B2B eCommerce. “Combining CONET’s broad customer base and leading solutions portfolio with Babiel’s expertise in online communication and eCommerce makes this an exciting and synergetic combination for our customers." Anke Hofer, CONET CEO

Principals

target

Babiel

bidder

Conet Technologies Holding

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Market Context

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Seller Team (3)

georg babiel

Co-Founder at BABIEL GMBH

Manager

target

Deal

n/a

Total Value

harald babiel

Co-Founder at BABIEL GMBH

Manager

target

Deal

n/a

Total Value

rainer babiel

Founder and Managing Director at BABIEL GMBH

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

anke hofer

CEO at CONET TECHNOLOGIES HOLDING GMBH

Manager

bidder

Deals

n/a

Total Value

holger kleingarn

Managing Director at HIG CAPITAL LLC

Investor

bidder

Deals

n/a

Total Value

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