CONET Technologies Acquires PROCON IT AG

CONET Group Acquires ISB AG

December 15, 2021

IT Services

German IT consulting firm CONET Group has acquired Karlsruhe-based ISB AG, a 250-employee software development and IT consulting firm, to strengthen CONET's capabilities in process automation, software development and digitalisation for the public sector and automotive industry. The deal was supported by CONET's majority investor IK Partners; financial terms were not disclosed.

IK Partners Acquires CONET from H.I.G. Capital

October 26, 2021

IT Services

IK Partners' IK IX Fund has signed a definitive agreement to acquire a majority stake in CONET from H.I.G. Capital, with CONET's management investing alongside IK. CONET is a German IT consulting, systems-integration and software development firm focused on public-sector and enterprise digital transformation, employing over 1,100 people across Germany, Austria and Croatia; the deal is subject to antitrust clearance.

Syspro Acquires Evocon

January 20, 2026

Software

Syspro has completed the acquisition of Evocon, an Estonia-based provider of real-time production monitoring and OEE solutions, strengthening Syspro's shopfloor intelligence and production visibility capabilities. Evocon's team will remain post-close and its solution will be made available to Syspro customers worldwide; financial terms were not disclosed.

Dataciders Acquires PRODATO

June 3, 2024

Data & Analytics

Dataciders, a Dortmund-based data, analytics and AI services provider backed by Rivean Capital, has acquired Nuremberg-based IT services firm PRODATO. The acquisition expands Dataciders' service and customer portfolio, regional presence and engineering capacity as part of a buy-and-build strategy under Rivean Capital.

H.I.G. Capital Acquires Majority Stake in Infratech Bau GmbH

May 10, 2021

Infrastructure

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire a majority stake in Infratech Bau GmbH, a Meppen-based general contractor that builds FTTH broadband networks across northern and western Germany. The founders will remain in management and retain a significant share; H.I.G. said it will support Infratech's nationwide growth organically and through selected acquisitions.

connexta (AURELIUS Growth Investments) Acquires IF-Tech AG

September 23, 2021

IT Services

On September 23, 2021, connexta GmbH, a portfolio company of AURELIUS Growth Investments, acquired IF-Tech AG. IF-Tech is a Munich-based provider of modern workplace, virtualization and cloud collaboration solutions; the deal is an add-on to connexta to expand its modern workspace and cloud capabilities for German SMEs.