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Carlsquare advised the shareholders of Königstein Beratungsgesellschaft, a renowned IT service provider, on the sale to Circle8, a portfolio company of Axiom Partners

In the area of ​​tension between scarcity of resources and necessary innovations, Königstein wants to guarantee its customers medium and long-term success for the implementation of complex projects, as well as for growth and innovation. Königstein’s customers benefit from the connection to the Circle8 Group, which boasts a wide range of technical, personnel, and financial resources, as well as its own specialists and an extensive network of consultants in both the SAP and non-SAP environments.

Königstein, a renowned and growing IT recruiting consultancy, was founded almost 40 years ago and specialises in providing a wide range of staffing services. The company uses its own employees and freelancers to support the implementation of customised IT solutions, the development of standard software or the execution of complex projects.

The Dutch Circle8 Group was acquired as an IT staffing platform in 2021 by the pan-European private equity investor Axiom Partners. The Circle8 Group pursues a so-called “Total Talent Flow philosophy”, which aims to enable talents and professionals in organisations to contribute their expertise comprehensively and across the board.

This step will result in significant advantages for the clients of Königstein Beratungsgesellschaft. On the one hand, the company will continue to operate independently in the market and Holger Königstein, the Managing Partner, will continue to act as Managing Director and main contact person in the future. On the other hand, the combined expertise and synergies of the business areas will open up additional potential from which Königstein’s clients can benefit.

At Königstein, they are therefore looking forward to the collaboration with the Circle8 Group: “The rapidly developing digitalisation and IT modernisation, including cloud transformation, cyber and information security, data analysis, AI and robotics, represent a greater challenge. By joining the Circle8 Group, with a turnover of more than €980 million and over 12,000 professionals, we offer our clients and experts all the advantages of a professionally, personally and financially broad-based group.” – Holger Königstein, CEO of Königstein.

Carlsquare acted as the exclusive financial advisor to Königstein.

de
Königstein Beratungsgesellschaft für EDV-Dienstleistungen mbH
nl
Circle8
Michael Moritz
Michael Moritz LinkedIn
Managing Partner
Jan-Frederik Zapp
Jan-Frederik Zapp LinkedIn
Senior Associate