Marondo Capital, a private equity firm, agreed to acquire a majority stake in ACG Automation Consulting Group, an established IT consultancy focusing on the financial industry and critical infrastructure companies. Financial terms were not disclosed. "I am pleased to have a strong partner in Marondo Capital, who will support our growth without influencing the daily operational business. In doing so, we can benefit from strategic consulting and are also well positioned for inorganic growth. The transaction offers ACG’s employees continuity and, under the slogan “Next Generation Consulting”, good prospects for the future. This step was also important to Gerhard Neidhöfer, who attached great importance to the continued existence of ACG when selecting the investor and wanted to preserve the independence of the strong, medium-sized ACG brand," Carsten Tusch, ACG Managing Director.