Announced

Completed

adesso Group completed the acquisition of gravity consulting and VITEC.

Synopsis

adesso Group, an IT company based in Germany that provides consulting and software development solutions, completed the acquisition of gravity consulting, a specialist in consulting services related to SAP software solutions, and VITEC, a IT service management company. Financial terms were not disclosed. “In Austria, too, we are dealing with a rapidly growing SAP market. The topic of S/4HANA transformation in particular will keep companies busy in the coming years. Many SAP customers are currently still in the evaluation phase and need professional project support for the planned implementation," Olaf Reiter, adesso Group Board Member.

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