DEAL NEWS
Munich, 25. September 2024 - WTS Advisory AG (“WTS Advisory”) exclusively advised the shareholder of INTEGER (“integer GmbH”) on its entry into the Valley IT Group (“VALLEY”), a full-service provider for medium-sized IT solutions with a focus on industrial applications as well as corporate and business processes. The closing took place on July 31, 2024.
The Managing Director of INTEGER, Luise Krammer, sees the VALLEY IT Group as a strong and long-term partner. The merger is an important corporate step for INTEGER in order to meet current market developments in the IT managed services environment.
With INTEGER, VALLEY IT Group has gained a leading regional provider and can further expand its range of services for modular, customizable IT system solutions in the managed services sector. This transaction enables INTEGER to develop even faster with its highly qualified team in the VALLEY IT ecosystem and to expand the portfolio offered through broader market access and expert knowledge.
As part of the transaction, the M&A team of WTS Advisory, together with the management of INTEGER, structured a holistic M&A process and selectively approached suitable interested parties. VALLEY IT was quickly able to position itself as a suitable partner for INTEGER on an equal footing in order to jointly promote its long-term development.
Der Firmensitz der INTEGER ist Schrobenhausen. Der Standort liegt zwischen Augsburg, Ingolstadt and Munich, will be secured in the long term and is to be expanded in the medium term. As a result of the merger, the company will remain an attractive employer in the region.
“The M&A team at WTS Advisory supported us throughout the entire process with great commitment and dedication and provided us with attractive options for selecting a suitable long-term partner. I would like to thank Dr. Heiko Frank (project manager), Nikolai Üstündağ (project manager), Marius Matis and Justin Meszaros for their support during the project period,” adds Luise Krammer.
Nikolai Üstündağ adds: “Thanks to the good cooperation between INTEGER and us, we were able to approach the entire transaction process in a very structured way right from the start. This paid off particularly in the course of the process, which ran smoothly thanks to the constant and transparent exchange. The due diligence phase was completed quickly thanks to the good preparation and all key ideas were implemented in the contract negotiations. Together with all those involved on the WTS Advisory and INTEGER side, we are delighted with the successful conclusion.”
About integer GmbH
INTEGER is an established and steadily growing full-service IT service provider and offers a diverse range of services. These include classic managed services for companies and public institutions as well as specialized IT security solutions including its own data center. The company also integrates industrial and production facilities into its customers' IT infrastructure.
INTEGER's business model has been continuously adapted to current market requirements. As a result, INTEGER is ideally positioned to offer customers with 50 to 1,000 workstations tailor-made solutions for a comprehensive takeover of IT operations or specialized services in cooperation with an internal IT department.
About WTS Advisory AG
WTS Advisory is an independent, innovative solution provider for goal-oriented consulting and active operational support for companies along the entire CFO agenda. This includes solutions ranging from external reporting, optimization of the finance department, governance, risk & compliance issues to M&A and transaction advisory.
WTS Advisory is part of WTS, a global full-service provider for tax advisory services and financial & deal advisory. WTS is represented at 13 locations in Germany and in more than 100 countries worldwide.
The Deal Advisory division of WTS Advisory & WTS offers integrated advice on financial (WTS Advisory) and tax (WTS) aspects along the entire transaction process. The WTS Advisory M&A strategy and deal advisory team supports corporate transactions, for example in the form of financial due diligence investigations and other buy-side and sell-side services as well as valuation services such as expert and indicative company valuations, purchase price allocations, impairment tests and post-deal implementation.
Transaction team
Dr. Heiko Frank, Partner
Nikolai Üstündag, Senior Manager
Marius Matis, Manager
Justin Meszaros, Consultant
Contact
WTS Advisory AG
Dr. Heiko Frank, Partner l Lead M&A Strategy & Deal Advisory
Friedenstraße 22 · 81671 München · Deutschland/Germany
T: +49 (0) 89 28646-2700
M: +49 (0) 1709416717
heiko.frank@wts.de
www.wts-advisory.de
