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New Deal


Announced

netgo to acquire Glöckler & Lauer.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

cloud services

Germany

Synopsis

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netgo, a DATEV specialist with a focus on tax consulting and law firms, agreed to acquire Glöckler & Lauer, an IT security, consulting, document management, and software development services provider. Financial terms were not disclosed. "With Glöckler & Lauer and the nitsche Group, we were able to win two leading companies and continue to expand our lead in the law firm business with big steps. Customers benefit nationwide from these combined forces," Oliver Mauss, netgo CEO.

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