DEAL NEWS
Munich, March 3, 2025
WTS Advisory AG (“WTS”) has exclusively advised the shareholders of Netz16 Group (Netz16 GmbH, Netz16 Hosting GmbH, digisoolut gmbh, ParIT GmbH and Fundwerk GmbH & Co. KG) on a strategic partnership with accompio GmbH (“accompio”). The company accompio is one of the leading specialists for IT services in Germany and a portfolio company of the financial investor EOS Partners GmbH (“EOS”). The WTS team acted as exclusive M&A advisor to the shareholders of Netz16 Group in the preparation and execution of the transaction. In addition to the lead project management, WTS coordinated the entire due diligence and managed the contract negotiations together with GOF Gütt Olk Feldhaus (“GOF”) as legal advisor.
With the acquisition of the Netz16 Group as a strategic partner for accompio, EOS has achieved a significant leap in accompio's group turnover to over EUR 100 million with around 700 employees. In addition, with the Netz16 Group, accompio gains a leading IT managed service company in southern Germany and one of the German innovators in the cyber security sector.
Transaction
The partnership between Netz16 Group and accompio generates significant strategic and economic synergy effects for both companies and their customers. The transaction strengthens accompio's market position as one of the leading IT service providers in the German-speaking region and expands its portfolio to include Netz16 Group's expertise and capacities in the areas of managed services, cyber security solutions and digitalization competencies. For existing Netz16 Group customers, the merger means an even broader range of IT services, an expanded network of experts and greater scalability for future IT projects. At the same time, Netz16 Group employees will benefit from new development opportunities within a growing group of companies with a nationwide reach and presence throughout Germany. Netz16 is also aiming to further expand its service portfolio together with accompio in order to offer customers innovative services such as a Security Operations Center (SOC) to generate greater added value.
The current management will remain part of the Netz16 Group as part of the accompio shareholder group in the long term. As a result, the drivers of the successful growth of the past will continue to have an impact in the future. Dr. Andreas Herch, co-founder of the Netz16 Group, views the transaction as a great opportunity: “I see myself in the prime of my business career and am keen to make a real difference. With accompio as a strong partner at our side, I am convinced that together we will set new standards and create great opportunities for our company, accompio, our employees and our customers. I can't wait to contribute our ideas, experience and expertise to the Group.” Dr. Andreas Herch would also like to thank the WTS Advisory team: Dr. Heiko Frank, Nikolai Üstündağ, Marius Matis and Moritz Stoll as well as to the legal team of GOF: Dr. Sebastian Olk, Dr. Ricarda Theis, Antonia Gaupp and Tobias Trawinski for their support in the transaction: “Without the tireless efforts of WTS Advisory and GOF, it would not have been possible to complete this complex project within a few months. My colleague Christian Popp and I are more than thrilled with the result - for us, this marks the start of a new highlight in our 33-year IT career as a team.”
WTS transaction team
Dr. Heiko Frank, Partner
Nikolai Üstündağ, Senior Manager
Marius Matis, Manager
Moritz Stoll, Consultant
About Netz16 Group
The Netz16 Group is a leading medium-sized IT managed service provider that has been offering customized IT solutions in the areas of cyber security, managed services and modern infrastructure since 2009. With over 200 employees at locations in Augsburg, Munich, Herbrechtingen and Nordenham, the Netz16 Group supports companies in becoming more secure, more productive and more successful. In addition to major international corporations, Netz16's customers include medium-sized companies in particular.
In order to meet the high demands of its customers, the Netz16 Group continuously launches new products and has been organizing the annual Augsburg Cyber Security Days in the WWK Arena in Augsburg since 2022 to inform about trends and developments in the industry.
In order to continue offering first-class services in the future, the shareholders of the Netz16 Group have established an in-house training program (IBA). In practice-oriented teaching units, trainees are trained by qualified and experienced instructors within the company and specifically prepared for their day-to-day work.
Netz16 thus sets a strong example for quality and innovation in the IT sector and underlines its position as a reliable partner for companies in the region and beyond.
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 14 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 instance offering financial due diligence investigations and other M&A buy-side and sell-side services as well as valuation services such as expert and indicative company valuations, fairness opinions, purchase price allocations, impairment tests and post-deal implementation.
Contact us
WTS Advisory AG
Dr. Heiko Frank, Partner l Lead M&A Strategy & Deal Advisory
Friedenstr. 22 - 81671 Munich - Germany
T: +49 (0) 89 28646-2394
M: +49 (0) 1709416717
heiko.frank@wts.de
www.wts-advisory.de
