Transactions
Proventis Partners advised teknowlogy Group
Eight years after the integration into the CXP Group, which now operates on the market as teknowlogy Group, BARC founder and CEO Dr. Carsten Bange buys back the shares in the BARC Group in a management buy-out. Dr. Bange’s goal for the future is to further strengthen BARC’s role as an independent international expert for data & analytics software.
BARC is the leading analyst of software in the areas of analytics, business intelligence, data management, enterprise content management, customer relationship management and corporate performance management in German-speaking countries. In addition to producing software studies, ratings and user guides, the company also hosts several annual, highly attended events and offers its customers individual consulting services in its core areas.
The teknowlogy Group is the leading independent research and consulting group in the field of digital transformation, software, and IT services. In this field, teknowlogy offers its clients a unique and comprehensive range of market intelligence, market research and specialized consulting services.
The Proventis Partners team supported teknowlogy Group throughout the transaction process. Services included approaching decision makers of carefully selected international investors, preparing comprehensive transaction documentation, coordinating due diligence and assisting in the transaction negotiation.
Company Acquisition
2019
