Synova completed the acquisition of Allgeier IT Services from Allgeier.

Synova, a private equity firm, completed the acquisition of Allgeier IT Services, a company focused on managed IT services, from Allgeier, a German technology group. Financial terms were not disclosed. For the Allgeier Group, the sale of its IT managed services business following the sale of its personnel services business in 2024 represents another milestone in its strategic focus. This will enable the Allgeier Group to focus even more on the design, development, and support of complex software solutions and AI-based platform technologies for the digitalization of business and public administration processes in its core business.