3 Minutes Read By Max Kneissl

OMMAX advised AURELIUS on the sale of connexta

#Announcement#Transaction Advisory#IT#Vendor Due Diligence

OMMAX advised AURELIUS Wachstumskapital on the sale of IT services group connexta, marking another milestone in the consultancy’s portfolio of business services transactions.

The OMMAX team conducted a comprehensive commercial vendor due diligence, focusing on key areas including market and competitive dynamics, customer performance, group integration, and business plan assessment. This holistic approach articulated the innate solid qualities that the group, surpassing 100m€ in revenue, has built to serve medium-sized businesses in the German market.

Operating in a favorable market environment supported by rising IT complexity, growing cybersecurity threats, and a trend towards outsourcing, connexta has built a significant position in the German market, effectively combining local presence and deep specialization amongst domains such as cloud, cybersecurity, and business applications. In doing so, it has become a “one-stop-shop” for its thousands of customers.

In its path of inorganic growth, the buy-and-build platform successfully conducted 9 acquisitions in recent years and provides an ever-growing set of group benefits to its portfolio companies, strengthening their sales, delivery, and people excellence. Supported by a sophisticated M&A process and a dedicated team, the platform is well-positioned to continue and accelerate this trajectory in the future.

Jens Stief, CEO of connexta, on the VDD support delivered by OMMAX: “We highly appreciated the thorough coverage and in-depth analysis that OMMAX brought into the process. The team’s support allowed an effective crafting of connexta’s equity story, which we will drive in the future. OMMAX expertise from transaction advisory to digital execution has proven invaluable in this partnership.”

Max Kneissl, Partner at OMMAX, commented: "We would like to thank AURELIUS , connexta and TCG for the effective collaboration in this commercial VDD process, representing a remarkable deal in the European IT services landscape. With its clear positioning, relentless drive for operational excellence, and seasoned leadership, we see a strong development path ahead of the connexta group."

Do you want to know more about OMMAX’s experience in transaction advisory? Get in touch with Partner Max Kneissl: max.kneissl@ommax.de

“We’d like to thank the OMMAX team for their support in this deal, which translated into a clear articulation of connexta’s outstanding past performance, differentiating strong points and future growth path.”

Nils Haase, Vice President of AURELIUS Equity Opportunities

ABOUT AURELIUS GROUP 

AURELIUS is a globally active alternative investment group, distinguished and widely recognized for its operational approach. AURELIUS is focused on private equity, private debt, and real estate. Its key investment platforms are AURELIUS European Opportunities fund IV and the listed AURELIUS Equity Opportunities SE & Co. KGaA.

AURELIUS Group has been growing significantly in recent years and now has EUR 11 bn in revenues and more than 300 professionals working out of 10 offices across Europe and North America.

AURELIUS is a renowned specialist for complex investments with operative improvement potentials such as corporate carve-outs, platform build-ups, or succession solutions as well as specialized financing solutions.

With more than 260 transactions completed to date, AURELIUS has built a strong track record for delivering superior returns to its investors through its flexible approach, uncompromising focus on operational excellence, ability to carry out multi-dimensional transactions, prudent risk management, and long-term investment philosophy.

 

About OMMAX - BUILDING DIGITAL LEADERS

We believe everyone can become a digital leader.

We are a fast-growing digital strategy consultancy, specializing in transaction advisory, strategy, and end-to-end execution of digital initiatives. It’s our vision to build digital leaders worldwide to foster innovation and accelerate digital growth and profitability. Over the past 12 years, we realized 300+ M&A deals with >€18B deal value and 2,000+ international value creation projects in various industries for leading private equity firms in commercial strategy, digital operational excellence, advanced data strategy, analytics, tech, and automation. As a front-runner for holistic data-driven strategy consulting and end-to-end execution, we are the leading consultancy within the global private equity sphere, designing and delivering best-in-class digital strategy and value creation.

By Max Kneissl

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