Fremman Capital Acquires Majority Stake in connexta

March 27, 2024

Fremman Capital has acquired a majority stake in Munich-headquartered IT services platform connexta from AURELIUS Wachstumskapital, with the company's management and sellers remaining as significant minority shareholders. H.I.G. WhiteHorse Europe provided a €90 million debt financing package to support the acquisition and connexta's planned buy-and-build expansion across the German SME market.

Buyers
Fremman Capital
Targets
connexta GmbH
Sellers
AURELIUS Wachstumskapital, Management (connexta)
Industry
IT Services
Location
Bavaria, Germany
Transaction Type
Buyout

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