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New Deal


Announced

Completed

Nordic Capital-backed Conscia completed the acquisition of ethcon and lifecon.

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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it solutions

IT Services: Other

Acquisition

Cross Border

Private

Germany

Majority

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Nordic Capital-backed Conscia, a European IT specialist, completed the acquisition of ethcon, a computer security services provider, and lifecon, an IT service management company. Financial terms were not disclosed. “We invest in strengthening our market position and further build our core portfolio of products and services as part of our strategy to accelerate growth through increased customer value for companies operating in the German market. Other acquisitions of suitable companies are also being considered to supplement organic growth and secure a healthy expansion in both our business segments Services and Solutions,” Erik Bertman, Conscia Group CEO.

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