The digital service provider offers services in the areas of Digital Solutions, Web & eCommerce as well as ITIL. The parties have agreed not to disclose the purchase price of the transaction.
The consulting services of the team around Baker Tilly partners Frank Stahl (German CPA/Tax Advisor) and Uwe Roth (Tax Advisor) mainly comprised a financial and tax due diligence. Director Sebastian Hafner, CFA (Financial) and Senior Manager Stefan Lehner (Tax) were also significantly involved in the transaction.
Through AndCompany, Rigeto is building a network of complementary companies which offer high-quality software development as well as digital and IT services in the DACH region. “We are glad to continue on this path with Rigeto and AndCompany and contribute with our expertise to the companies’ continuous growth”, comments Roth.
Earlier this year, Baker Tilly already advised on the successful acquisition of ion2S GmbH by Rigeto. This was the first transaction through the then newly established entrepreneurial holding company AndCompany.
Rigeto Unternehmerkapital invests private assets of entrepreneurs and entrepreneurial families in medium-sized companies for long-term value enhancement. The focus of the investment activities is on established medium-sized companies from the DACH region that have a viable business model and are operating profitably. Rigeto's most frequent investment opportunities are corporate succession, strategic realignment, corporate carve-out and growth financing. In addition to the necessary capital, Rigeto also provides the required experience in the further development of medium-sized companies. The Rigeto team acts in a trust-building manner, thinks entrepreneurially, decides quickly and implements consistently.
For more information on Rigeto, please click here.
Under the umbrella of AndCompany GmbH, a network of software and IT service-based companies with a focus on the DACH region is being developed. The holding company established by Rigeto has set the first milestone with the acquisition of ion2s GmbH from Darmstadt. Ion2s itself develops, among other things, digitalization solutions, web portals and SaaS applications for customers from medium-sized businesses. With this buy-and-build concept, Rigeto is striving to achieve significant group revenue with numerous transactions and further develop the group in a value-enhancing manner.
For more information on AndCompany, please click here.
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