CONET Technologies Acquires PROCON IT AG

CONET Group Acquires ISB AG

December 15, 2021

IT Services

German IT consulting firm CONET Group has acquired Karlsruhe-based ISB AG, a 250-employee software development and IT consulting firm, to strengthen CONET's capabilities in process automation, software development and digitalisation for the public sector and automotive industry. The deal was supported by CONET's majority investor IK Partners; financial terms were not disclosed.

IK Partners Acquires CONET from H.I.G. Capital

October 26, 2021

IT Services

IK Partners' IK IX Fund has signed a definitive agreement to acquire a majority stake in CONET from H.I.G. Capital, with CONET's management investing alongside IK. CONET is a German IT consulting, systems-integration and software development firm focused on public-sector and enterprise digital transformation, employing over 1,100 people across Germany, Austria and Croatia; the deal is subject to antitrust clearance.

Syspro Acquires Evocon

January 20, 2026

Software

Syspro completed its acquisition of Evocon, an Estonia-based provider of real-time production monitoring and OEE (overall equipment effectiveness) solutions. The deal strengthens Syspro’s shopfloor capabilities by adding advanced data collection and performance analysis to improve asset utilization and operational efficiency for manufacturers worldwide.

Dataciders Acquires PRODATO

June 3, 2024

Data & Analytics

Dataciders, a Dortmund-based data, analytics and AI services provider backed by Rivean Capital, has acquired Nuremberg-based IT services firm PRODATO. The acquisition expands Dataciders' service and customer portfolio, regional presence and engineering capacity as part of a buy-and-build strategy under Rivean Capital.

Reply to Acquire FINCON Unternehmensberatung GmbH

May 24, 2022

IT Services

Reply has signed an agreement to acquire 100% of FINCON Unternehmensberatung GmbH, a Hamburg-headquartered German consulting firm focused on digital transformation for banks and insurance companies. The deal is subject to German Federal Cartel Office clearance and is expected to close toward the end of June 2022.

H.I.G. Capital Acquires Majority Stake in Infratech Bau GmbH

May 10, 2021

Infrastructure

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire a majority stake in Infratech Bau GmbH, a Meppen-based general contractor that builds FTTH broadband networks across northern and western Germany. The founders will remain in management and retain a significant share; H.I.G. said it will support Infratech's nationwide growth organically and through selected acquisitions.