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Announced

Completed

Venitus Group completed the investment in Thinkport.

Synopsis

Venitus Group, a digitalization partner for medium-sized and enterprise customers, completed the investment in Thinkport, a developer of innovative cloud technologies. Financial terms were not disclosed. “The Venitus Group focuses on innovative and high-growth companies in the areas of public cloud, data engineering and AI. Thinkport has convinced us with its way from the start-up to a powerful public cloud player with an outstanding team and a 'Blue Chip' customer portfolio in just five years. We want to continue this path together with the founder team. For example, we support Thinkport's market position in expanding their capacities, strategically expanding the service portfolio and operational excellence issues, also by providing inorganic growth opportunities,” Konstanze Klasen and Max Klenner, Venitus Managing Directors.

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