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Announced

Completed

CONVOTIS completed the acquisition of iXenso Group.

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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Germany

Acquisition

Majority

Domestic

Friendly

enterprise resource planning

content management

Private

Completed

Single Bidder

Business Process Outsourcing

Synopsis

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CONVOTIS, a company which develops individual IT and technology solutions in the areas of cloud services, enterprise mobility, portals and web application as well as projects in IT and HR services focused on the DACH region, enabling businesses to operate efficiently, completed the acquisition of iXenso Group, a specialist & reseller for Enterprise Resource Planning and Content Management. Financial terms were not disclosed. “With this strategic acquisition, we are expanding our position and technological competence as a leading provider of digitalization and business process optimization solutions, and strengthening our ability to support our customers on their digitalization journey," Manuel Ebner and Andreas Kiefer, CONVOTIS Managing Directors.

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