OMMAX supported itm8 in acquiring C.B.C. Computer Business Center
#Announcement#Commercial Due Diligence#IT#Software#Tech#Technical Due Diligence#Transaction Advisory
OMMAX assisted itm8 in acquiring C.B.C. Computer Business Center GmbH, a leading IT solutions provider in the German market headquartered in Frankfurt am Main, focused primarily on hosting, IT consulting, software and hardware sales, setup, and end-user support. The completion of the final acquisition is contingent upon regulatory approvals and is expected to be completed during Q2 or early Q3 2024.
In preparation for the acquisition of the C.B.C. Computer Business Center, OMMAX assisted itm8 with a commercial due diligence.
The Commercial Due Diligence analyzed and assessed the market potential, the company’s capabilities, and core competition within the German market. The assessment was focused on the business model, customer success incl. customer economics, KPCs and customer satisfaction, market dynamics and the competitive landscape.
Isabella Calderon Hoyos, Partner at OMMAX, commented: "We would like to congratulate itm8 on the successful acquisition of C.B.C. Computer Business Center. Working together and supporting on this Commercial Due Diligence was a great pleasure!"
Just six months after unveiling our vision to become a leading IT powerhouse in Northern Europe, we are taking a significant step towards expanding into Europe. The German market is our initial target in our ambitious plan to grow, which includes potential acquisitions across the continent. Our strategy involves establishing C.B.C. as the cornerstone of itm8's presence in Germany's central region. Additionally, we have mapped out regions in North, South, East, and West Germany where we currently lack a presence. Our objective is to populate this map with new names, as we continue to expand and solidify our footprint.
Henrik KastbjergCEO of itm8
About itm8
itm8 is a Northern European digital transformation partner with private and public customers in Denmark, Sweden, and now Germany. The company offers a wide range of services in IT operations and Cloud Services, Digital Transformation, Application Services, Software and Hardware, ERP, and Cyber Security. itm8 is owned by the management and the capital fund Axcel in partnership with Chr. Augustinus Fabrikker.
C.B.C. Computer Business Center GmbH, established in 1982 in Frankfurt, Germany, is a leading IT Service provider that currently employs 125 people across two offices. The company generates an annual turnover of approximately €63 million. C.B.C. offers a range of services, including hosting, IT consulting, software and hardware sales, setup, and end-user support.
OMMAX is 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 Toni Stork
Get in touch
Contact an expert
Do you want to know more about our expertise? Get in touch!
As organizations face evolving workforce challenges, Work Tech is emerging as a key driver of innovation in hiring, retention, and overall workforce [...]
In our Decoding Data & AI (Artificial Intelligence) series, we provide you with key insights for successful data & AI projects to boost your business. [...]
As part of its strategic planning, SAP will not continue the development of the SAP Marketing Cloud beyond 2026. With the end of support of the SAP [...]
In our Decoding Data & AI (Artificial Intelligence) series, we provide you with key insights for successful data & AI projects to boost your business. [...]
GMC-Instruments, majority-owned by KLAR Partners, is a leading supplier of test and measurement equipment, with an especially strong footprint in the [...]
Westwing is a leading home & living e-commerce company headquartered in Munich. With a product offering that covers all Home & Living categories, [...]
WAGO is an internationally leading supplier of connection and automation technology and interface electronics, as well as the global market leader in [...]
Kids Planet is one of the largest groups of daycare nurseries in the United Kingdom, dedicated to providing exceptional childcare and early education [...]
Sign Up for the Newsletter
Development and Execution of a Customized Digital Growth Strategy
