Carlsquare provided combined debt and M&A advisory services to Fremman Capital on its acquisition of connexta

Carlsquare provided combined debt and M&A advisory services to Fremman Capital on its acquisition of a majority stake in the leading German IT services platform connexta. The management and current majority owner AURELIUS Wachstumskapital will remain invested as minority shareholders.

connexta is a buy-and-build focused IT services platform that serves SMEs across Germany. The Munich-based firm has strong expertise in IT infrastructure (“Core IT”), cloud solutions and cybersecurity, and an impressive track record of both organic and inorganic growth. Since its inception in 2019, connexta has made 9 add-on acquisitions, attracting regionally focused as well as specialized IT service providers to its platform, and earning an industry-wide reputation as the acquirer of choice.

Fremman Capital is a pan-European mid-market investment firm with offices in London, Luxemburg, Madrid, Munich and Paris. Drawing on 100+ years of combined investment experience, Freeman partners with successful management teams in order to transform businesses from local champions into multinational & sustainable leaders. connexta is Fremman’s seventh platform investment and comes just a few months after the final closing of its debut fund with €1.2bn AUM.

Fremman’s collaboration with connexta aims to leverage the growth in the IT services market driven by trends like cybersecurity demand and increased outsourcing. They believe that connexta’s focus on small- and mid-sized customers and expertise in digital transformation, cloud and cybersecurity will enable the company to consolidate its position in a fragmented market. The goal is to maintain connexta’s fast growth, creating a leading IT champion for German SMEs and so enhancing its attractiveness for further add-on IT companies and talent.

“Our thanks to Carlsquare for steering us through the transaction. Their expertise across both debt financing and M&A was crucial in bringing the transaction to such a successful end.” – Maximilian Schürenkrämer, Managing Director, Fremman Capital

Carlsquare provided combined debt and M&A advisory services to Fremman Capital.

Fremman Capital

Connexta

Aurelius