Deutsche Beteiligungs to acquire a majority stake in in-tech.

Deutsche Beteiligungs to acquire a majority stake in in-tech, a technology company for engineering services and software. Financial terms were not disclosed. “We are working towards the goal that in future all cars will be autonomous, electrical and connected, and we are developing smart mobility solutions for tomorrow – for example, for the digital train, carsharing, or electric mobility. With DBAG and DBAG Fund VIII, we can benefit from new strategic opportunities to continue our company's dynamic development – this will also lead to a further expansion of our national and international sites and, as a result, to more jobs,” Christian Wagner, in-tech Managing Partners.