OMMAX advises AURELIUS on sale of connexta
Munich — AURELIUS Wachstumskapital has sold the IT services group connexta to the financial investor Fremman Capital, marking a further milestone in the portfolio of the business services consultancy. Aurelius was advised on this transaction by OMMAX.
In a favorable market environment supported by increasing IT complexity, growing cybersecurity threats and a trend towards outsourcing, connexta has built a significant position in the German market by effectively combining local presence and deep specialization in areas such as cloud, cybersecurity and business applications. In this way, connexta has become a “one-stop store” for its thousands of customers.
On its path of inorganic growth, the buy-and-build platform has successfully completed nine acquisitions in recent years and offers its portfolio companies an ever-growing range of Group benefits that strengthen their sales, delivery and personnel quality. Supported by a sophisticated M&A process and a dedicated team, the platform is well positioned to continue and accelerate this path in the future.
Jens Stief, CEO of connexta, on the VDD support provided by OMMAX: “We greatly appreciated the thorough reporting and in-depth analysis that OMMAX brought to the process. The team’s support enabled us to effectively develop connexta’s equity story, which we will drive forward in the future. OMMAX’s expertise, from transaction consulting to digital implementation, has proven to be very valuable in this partnership.”
Max Kneissl, Partner at OMMAX, commented: “We would like to thank AURELIUS , connexta and TCG for their effective collaboration in this commercial VDD process, which represents a remarkable deal in the European IT services landscape. With their clear positioning, relentless pursuit of operational excellence and experienced leadership, we see a strong development path for the connexta group. “MAX KNEISSL
The OMMAX team conducted a comprehensive due diligence review of the vendor, focusing on key areas such as market and competitive dynamics, customer performance, group integration and business plan assessment. This holistic approach highlighted the innate robust qualities that the Group, with a turnover of over € 100 million, has built up for supporting medium-sized companies on the German market.
About the AURELIUS Group
AURELIUS is a globally active alternative investment group that is widely recognized for its operational approach. AURELIUS focuses on private equity, private debt and real estate. The most important investment platforms are the AURELIUS European Opportunities Fund IV and the listed AURELIUS Equity Opportunities SE & Co. KGaA. — The AURELIUS Group has grown strongly in recent years and today generates revenues of EUR 11 billion and employs more than 300 people at 10 locations in Europe and North America. AURELIUS is a recognized specialist for complex investments with operational improvement potential, such as corporate carve-outs, platform build-ups or succession solutions, as well as for specialized financing solutions.
With more than 260 transactions completed to date, AURELIUS has a strong track record of delivering superior returns to its investors through its flexible approach, uncompromising focus on operational excellence, ability to execute multi-dimensional transactions, prudent risk management and long-term investment philosophy.
We believe that anyone can become a digital market leader.
We are a fast-growing digital strategy consultancy specializing in transaction advisory, strategy and end-to-end execution of digital initiatives. Our vision is to build digital leaders globally to drive innovation and accelerate digital growth and profitability. Over the last 12 years, we have executed more than 300 M&A transactions with a transaction value of more than EUR 18 billion and more than 2,000 international value creation projects across various industries for leading private equity firms in the areas of business strategy, digital operational excellence, advanced data strategy, analytics, technology and automation. As a pioneer in holistic data-driven strategy consulting and end-to-end implementation, we are the leading consulting firm in the global private equity space, developing and implementing best-in-class digital strategies and value creation.