Carlsquare advised Deutsche Beteiligungs AG (DBAG) on the acquisition of MAIT GmbH (MAIT), a leading digital transformation partner for the industrial mid-market, from 3i Group plc (3i). The transaction was structured as a management buyout, marking the successful conclusion of an important phase in MAIT’s development and the start of a new growth period driven by international expansion and a continued buy-and-build strategy.
This transaction also represents a unique milestone for Carlsquare: having previously advised 3i on its initial investment in MAIT in 2021, Carlsquare has now supported DBAG on the successful acquisition.
Headquartered in Rottweil, MAIT is the leading digitalisation partner for the manufacturing industry in DACH and among the top ten mid-market IT consultancy and software integration firms in Germany, Austria, Switzerland and the Benelux countries. With more than 25 locations, some 900 employees and over 7,000 clients, MAIT offers an integrated solutions portfolio covering PLM and ERP software, IT services, proprietary software modules as well as cloud and managed services.
Deutsche Beteiligungs AG is one of Germany’s most renowned private equity firms. Listed since 1985, it invests in mid-market companies with strong growth potential, focusing on industrial goods, IndustryTech, IT services, software as well as healthcare, environment, energy and infrastructure.
3i Group plc is a leading international private equity investor headquartered in London.
“MAIT is a leading digital transformation partner for the industrial mid-market sector and a perfect fit for our portfolio. Together with MAIT’s management, we will shape the company’s next growth phase. The transaction was completed within a short timeframe. Carlsquare provided excellent advice and supported us with great dedication. We would like to extend our sincere thanks.” – Lucas Herbert, Managing Director, DBAG
“Having DBAG by our side means we can count on an experienced partner who understands our business model and will help us continue our steady long-term growth. We have already successfully integrated 24 acquisitions. DBAG’s expertise will now open up new possibilities for rolling out our platform internationally and offering our customers even more wide-ranging solutions.” – Stefan Niehusmann, CEO of MAIT Group
Carlsquare acted as the exclusive financial advisor to Deutsche Beteiligungs AG.
