Carlsquare exclusively advised DBAG Fund VIII, which is managed by Deutsche Beteiligungs AG (“DBAG”), and the fund’s portfolio company MAIT GmbH (“MAIT”) on the acquisition of 4ITEGO Group International BV (“4ITEGO”), headquartered in Sint-Eloois-Winkel, Belgium. This transaction is a further follow-on mandate for Carlsquare, having previously advised DBAG Fund VIII exclusively on their investment in MAIT Group in the summer of 2025.
MAIT Group, headquartered in Rottweil, Germany, is a leading digitalization partner, ranking among the top 10 mid-market IT consulting and software integration companies in Germany, Austria, Switzerland and the BeNeLux countries. With revenues exceeding EUR 230 million and more than 1,000 employees serving over 7,000 customers, MAIT offers an integrated solution portfolio comprising PLM and ERP software, IT services, proprietary software modules as well as cloud and managed services.
Founded in 2011, 4ITEGO Group is a leading IT services platform in the BeNeLux countries, supporting manufacturing companies in their digital transformation. The company operates through three complementary business units: Innoptus, Infinite Simulation Systems and CAD Services. Its service offering spans consultancy, software solutions, implementations, support and training, primarily built around PTC and Ansys software. 4ITEGO serves more than 1,000 customers predominantly in the BeNeLux manufacturing industry and employs approximately 100 people. Measured by scale and strategic profile, this transaction represents the most significant add-on acquisition in MAIT Group’s history.
„The acquisition of 4ITEGO Group is a significant step in MAIT’s European expansion. It gives us a strong foothold in the BeNeLux market and adds highly complementary ANSYS capabilities to our portfolio. Carlsquare, who advised us on our initial investment in MAIT, once again proved to be a trusted and effective partner in executing this transaction.” – Lucas Herbert, Member of the Executive Board, DBAG
Carlsquare acted as exclusive M&A advisor to DBAG Fund VIII and supported MAIT in prevailing as the strongest strategic partner in a highly competitive process.
