Munich\/London \u2014 IT service provi\u00adder Allgeier SE is selling its Mana\u00adged Services busi\u00adness with a turno\u00adver of around EUR 50 million to inves\u00adtor Synova. The company is thus focu\u00adsing more on its core tech\u00adno\u00adlo\u00adgi\u00adcal exper\u00adtise \u2014 soft\u00adware, AI and digi\u00adtal plat\u00adforms. POELLATH advi\u00adsed Allgeier SE on the legal and tax aspects of the sale. <\/p>\n
Munich-based Allgeier Public SE<\/strong>, a subsi\u00addiary of Allgeier SE, has taken a further step in its stra\u00adte\u00adgic realignment. As announ\u00adced by the company, contracts were signed today with the The dive\u00ads\u00adted busi\u00adness specia\u00adli\u00adzes in the provi\u00adsion of mana\u00adged services for medium-sized custo\u00admers and gene\u00adra\u00adtes a sales volume of around EUR 50 million. Accor\u00adding to Allgeier, the valua\u00adtion of the company is in the upper double-digit million euro range. With the sale, Allgeier is parting with a profi\u00adta\u00adble divi\u00adsion that is no longer part of the Group\u2019s stra\u00adte\u00adgic core. <\/p>\n For the Allgeier Group, the tran\u00adsac\u00adtion is a further mile\u00adstone in the ongo\u00ading focu\u00adsing process follo\u00adwing the sale of the person\u00adnel services busi\u00adness in 2024.<\/p>\n Allgeier concen\u00adtra\u00adtes on two segments In future, the company will focus even more stron\u00adgly on its core busi\u00adness \u2014 the design, deve\u00adlo\u00adp\u00adment and support of complex soft\u00adware solu\u00adti\u00adons and AI-based plat\u00adform tech\u00adno\u00adlo\u00adgies for the digi\u00adta\u00adliza\u00adtion of busi\u00adness and admi\u00adnis\u00adtra\u00adtive processes.<\/p>\n Oliver Bevan, Part\u00adner at Synova<\/strong>, commen\u00adted: \u201cAITS has made impres\u00adsive achie\u00adve\u00adments in recent years and has an exci\u00adting vision to conso\u00adli\u00addate the highly frag\u00admen\u00adted German IT services market. Synova is deligh\u00adted to be joining Marc and the AITS team in this exci\u00adting new chapter.\u201d<\/p>\n This tran\u00adsac\u00adtion is Syno\u00adva\u2019s first plat\u00adform deal in Germany<\/strong> and its second in the DACH region, follo\u00adwing its invest\u00adment in Basel-based Avan\u00adtra. This unders\u00adcores Syno\u00adva\u2019s commit\u00adment to support\u00ading excep\u00adtio\u00adnal manage\u00adment teams in Euro\u00adpe\u2019s most attrac\u00adtive growth markets and sectors. \u2014 https:\/\/www.synova.pe\/ <\/p>\n Advi\u00adsor Allgeier SE: POELLATH<\/strong><\/p>\n Dr.Tim Jung\u00adin\u00adger, LL.M.<\/strong> (Part\u00adner, Lead, M&A\/Private Equity, Munich) About POELLATH Munich\/London \u2014 IT service provi\u00adder Allgeier SE is selling its Mana\u00adged Services busi\u00adness with a turno\u00adver of around EUR 50 million to inves\u00adtor Synova. The company is thus focu\u00adsing more on its core tech\u00adno\u00adlo\u00adgi\u00adcal exper\u00adtise \u2014 soft\u00adware, AI and digi\u00adtal plat\u00adforms. POELLATH advi\u00adsed Allgeier SE on the legal and tax aspects of the sale. Munich-based Allgeier [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":57239,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-57241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\n<\/strong>
\n Follo\u00adwing the sales, Allgeier is left with two Group segments: Enter\u00adprise IT and mgm tech\u00adno\u00adlogy part\u00adners. Over 3,100 employees work in these segments at 48 loca\u00adti\u00adons world\u00adwide. In the 2024 finan\u00adcial year, the conti\u00adnuing opera\u00adti\u00adons gene\u00adra\u00adted reve\u00adnue of EUR 403 million. This is a solid basis, but not outstan\u00adding growth. <\/p>\n
\n\u2011Dr. Domi\u00adnik Gerli\u00adcher, LL.M. (Coun\u00adsel, Co-Lead, M&A\/Private Equity, Munich)
\n\u2011Gerald Herr\u00admann (Asso\u00adcia\u00adted Part\u00adner, Tax, Munich)
\n\u2011Chris\u00adtine Funk (Coun\u00adsel, IP\/IT, Frank\u00adfurt aM)
\n\u2011Jannis L\u00fchrs (Senior Asso\u00adciate, Tax, Munich)
\n\u2011Marvin Ritt\u00admeier (Asso\u00adciate, M&A\/Private Equity, Munich) <\/p>\n
\n<\/strong>
\n POELLATH is a leading, inter\u00adna\u00adtio\u00adnally networked commer\u00adcial and tax law firm with over 180 legal and tax profes\u00adsio\u00adnals in Berlin, Frank\u00adfurt and Munich. We stand for excel\u00adlent advice on tran\u00adsac\u00adtions and asset manage\u00adment \u2014 legal and tax from a single source. Our specia\u00adli\u00adzed prac\u00adtice groups not only know the law \u2014 toge\u00adther with our clients we shape best prac\u00adti\u00adces in the market. Natio\u00adnal and inter\u00adna\u00adtio\u00adnal rankings regu\u00adlarly list us as a leading law firm in our selec\u00adted areas of law. \u2014 www.pplaw.de<\/p>\n","protected":false},"excerpt":{"rendered":"