07 Sep 2023
Carlsquare advised c4c Engineering GmbH on the sale to in-tech GmbH
9 Apr 2015
Munich/Braunschweig, 08 April 2015 – in-tech has expanded its range of services in the software sector by taking over 90% of the shares in Braunschweig-based software company c4c Engineering. Thanks to this acquisition, in-tech will now be able to handle the entire product development process for vehicle electronics.
By participating in c4c, in-tech is further expanding its range of services in the area of software and IT: ‘We are positioning ourselves as a full-service provider for developing vehicle electronics and software. With c4c, we can now execute software-heavy projects, which means we can handle every phase of product development’, comments Christian Wagner, managing director of in-tech.[nbsp]
This summer, c4c and in-tech will move to a new site in Wolfsburg, where in-tech is building a 5,000m² development center. With this collaboration, the companies will increase their team to a total of 575 employees, of which 130 are located in Wolfsburg.
c4c’s software know-how will also be used at the other in-tech sites in Germany and abroad: ‘In the future, we will be able to use c4c’s expertise for shared software and car IT projects at all of our sites,’ says Christian Wagner.
Carlsquare exclusively advised c4c Engineering GmbH on the sale to in-tech GmbH.
About c4c Engineering
c4c Engineering GmbH, based in Braunschweig, Germany, develops professional software solutions for the manufacturing and mid-sized sectors. The software expert employs 75 highly qualified employees and has wide experience in the fields of software engineering, software consulting, and project management. c4c’s engineers, computer scientists, and project manager are specialized on highly demanding tasks. As partner of the automotive industry, c4c covers the range of software projects from research and development to the series production, among others in the fields of electric mobility, driver and navigation information systems, as well as driver assistance systems and automotive apps. The development of mobile applications is one of c4c’s strategic topics. The company develops and designs solutions for mobile platforms like Apple iOS, Google Android, Embedded Android, Windows Phone, and Windows 8. By mid-2015, c4c Engineering will open a further location in Wolfsburg. For further information, please visit www.c4cengineering.de.
About in-tech
in-tech was founded in 2002 as a student start-up and blossomed into a successful organization within a few years: from the first office in the former nursery to an automotive component supplier with locations in Germany, USA, China and the Czech Republic. As a privately owned company, in-tech focuses on sustainable growth and structured and focused corporate development. Thanks to flat structures, in-tech reacts quickly to market demands and offers customers optimized solutions for the current challenges in the field of automotive electronics. Currently, in-tech employs around 500 highly qualified employees; consisting mostly of engineers and technicians. Since founding the company, in-tech has steadily grown with rates averaging around 20%. in-tech invests in the future development of the core business at the locations both in Germany and abroad by making investments in the needed infrastructure. For further information, please visit http://www.in-tech.de/en/.
About Carlsquare
Carlsquare and the international M[&]A network Globalscope offer integrated cross-border M[&]A consulting services for medium-sized transactions. Carlsquare – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. Carlsquare is based in Hamburg and Munich with 18 employees. Globalscope has 46 members in 37 countries with more than 450 professionals worldwide. For further information about Carlsquare, please visit www.carlsquare.com.
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