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netgo Group acquires business software expert MEHRWERK

3. Decem­ber 2019

Hamburg/Borken/Karlsruhe — Only two weeks after the announ­ce­ment of the take­over of the IT company ComNet, the next step follows at netgo. The Group acqui­res 100 percent of the shares in Mehr­werk AG, head­quar­te­red in Karls­ruhe. MEHRWERK specia­li­zes in opti­mi­zing busi­ness proces­ses with the help of agile enter­prise soft­ware. The foun­ders Ralf Feul­ner, Claus Litz and Clemens Schmidt will conti­nue to manage MEHRWERK as mana­ging direc­tors and will in future hold a stake in the netgo Group via the manage­ment invest­ment company. Second add-on for netgo Group since Water­land Private Equity joined the company.

Dr. Cars­ten Rahlfs (photo), Mana­ging Part­ner at Water­landcomments on the second addi­tion within a short time: “For netgo, this tran­sac­tion is the second company in a very short time after our entry as a growth inves­tor. This shows: The buy-and-build stra­tegy with compa­nies whose service port­fo­lio comple­ments netgo’s is working. We will conti­nue to grow with netgo.”

MEHRWERK was foun­ded in 2008 as a vendor-inde­­pen­­dent IT service provi­der for agile and user-friendly add-on solu­ti­ons for SAP users. Today, the fast-growing company with around 30 employees serves around 250 custo­mers of all sizes from the indus­trial, retail and service sectors. As an IT gene­ral contrac­tor, MEHRWERK advi­ses on the basis of proven, user-friendly soft­ware in the opti­miz­a­tion of busi­ness proces­ses, for example in IT-suppor­­ted supply chain manage­ment as well as on SAP Cloud and busi­ness analy­tics solu­ti­ons (busi­ness intel­li­gence and process mining based on the Qlik plat­form). This focus is paying off: The Karl­s­­ruhe-based company is an SAP Cloud Gold Part­ner and the leading solu­tion provi­der in the DACH region for the Qlik data analy­sis plat­form. In addi­tion to products from well-known manu­fac­tu­rers, MEHRWERK also offers solu­ti­ons deve­lo­ped in-house: The MPM Process­Mi­ning soft­ware, which is used by medium-sized compa­nies as well as DAX corpo­ra­ti­ons, enab­les the analy­sis of busi­ness processes.

The inte­gra­tion of MEHRWERK streng­t­hens the netgo Group’s product and service port­fo­lio. “We are very plea­sed to add MEHRWERK, a leading specia­list for soft­­ware-based busi­ness process opti­miz­a­tion, to our group. In addi­tion to solu­ti­ons and products from well-known manu­fac­tu­rers, the process mining solu­tion deve­lo­ped in-house in parti­cu­lar enjoys an excel­lent repu­ta­tion and offers high added value. For us and our custo­mers, MEHRWERK’s products are an ideal addi­tion to our service port­fo­lio. At the same time, MEHRWERK is able to further acce­le­rate its own growth by bund­ling resour­ces and lever­aging netgo’s exper­tise,” explains netgo Mana­ging Direc­tor Bene­dikt Kisner.

netgo was foun­ded in 2007 by Bene­dikt Kisner and Patrick Kruse as an IT system house in Borken (North Rhine-West­­pha­­lia) and has grown at an above-average rate in recent years, both orga­ni­cally and through the success­ful acqui­si­tion of other IT houses. Just a few days ago, netgo announ­ced that it had acqui­red the IT system house ComNet from Würse­len (North Rhine-Westphalia).

The netgo group of compa­nies, with around 370 employees at 18 loca­ti­ons, offers a broad range of consul­ting, products and services in the busi­ness areas of Hosting & Storage, IT Infra­st­ruc­ture, IT Secu­rity, Commu­ni­ca­tion & Messaging, IoT & Analy­tics paired with custo­mi­zed custo­mer solu­ti­ons. Toge­ther with its custo­mers, netgo deve­lops indi­vi­dual IT stra­te­gies and can draw on many years of expe­ri­ence in all forms of IT opera­tion — on-premise, private cloud and public cloud. Due to this broad range of services, netgo acts as a so-called one-stop store for its more than 3,000 custo­mers throughout Germany. The port­fo­lio of services is to be further expan­ded through targe­ted acquisitions.

Ralf Feul­ner, foun­der and CEO of MEHRWERK, summa­ri­zes the advan­ta­ges for his company: “With the support of the netgo Group, we will in future be able to posi­tion oursel­ves even better in terms of content, orga­niz­a­tion and sales as part of our corpo­rate stra­tegy, and to serve our custo­mers holisti­cally, for example as part of mana­ged services.”

 

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