CONET Technologies Acquires PROCON IT AG

December 12, 2019

CONET Technologies, a portfolio company of H.I.G. Capital, has agreed to acquire PROCON IT AG. The deal strengthens CONET's presence in southern Germany and expands its capabilities in SAP Business Intelligence, data intelligence, and cloud solutions; PROCON IT's management will remain in place.

Buyers
CONET Technologies Holding GmbH, H.I.G. Capital
Targets
PROCON IT AG
Platforms
CONET Technologies Holding GmbH
Industry
IT Services
Location
Bavaria, Germany
Transaction Type
Addon

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