CONET Technologies Holding GmbH has agreed to acquire Babiel GmbH

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