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New Deal


Announced

Completed

CONVOTIS completed the acquisition of MCON Managed Services.

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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Acquisition

Germany

managed services

Completed

Single Bidder

Friendly

Facilities Technology

Domestic

Majority

Private

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 MCON Managed Services, a provider of Managed Services, specialized in delivering secure and reliable services to its customers. Financial terms were not disclosed. “With MCON Managed Services, we have been able to acquire a highly experienced Managed Services Provider in the area of Managed AWS, Automation and IT Security. This strategic acquisition paves the way to extend our geographical presence and allows us to support our customers in their digital transformation more effectively,” Manuel Ebner and Andreas Kiefer, CONVOTIS Managing Directors.

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