FLEX Capital Acquires Evo IT GmbH
October 7, 2025
FLEX Capital has acquired Evo IT GmbH, a Vienna-headquartered custom software provider (brands Evolit and Evol.X) serving mobility, energy, public sector and industrial clients. Frankfurt-based investor VR Equitypartner, the majority shareholder since 2019, sold its stake while the founders remain partially invested and the existing management team will continue to lead the company as it pursues geographic expansion in Germany and capability growth (particularly AI).
- Buyers
- FLEX Capital
- Targets
- Evo IT GmbH
- Sellers
- VR Equitypartner, Founders of Evo IT (including Paul Kleinrath)
- Industry
- Software
- Location
- Vienna, Austria
- Transaction Type
- Buyout
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