Announced
Financials
Tags
Private Equity
Single Bidder
Private
Pending
Acquisition
Friendly
digital transformation
Digital Services
Majority
Germany
Cross Border
Synopsis
IK Partners, a private equity group, agreed to acquire CONET, a digital transformation company, from HIG Capital, a private equity and alternative assets investment firm. Financial terms are not disclosed. “HIG’s trustworthy and supportive guidance was an essential element for CONET to continue its exceptionally successful growth by expanding geographically and by adding additional IT and consulting solutions. Together, we have successfully grown CONET into a leading and trusted digital transformation partner for our customers. I would like to thank HIG for their strong engagement over the past few years," Anke Hofer, CONET CEO.
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