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Carlsquare advised initions on the sale to Mindcurv

The Hamburg-based data & AI specialist, initions, has joined Mindcurv, the digital transformation expert founded in 2011. Mindcurv focuses on commerce platforms and cloud infrastructures. The company’s size doubled in 2021.

initions stands for innovative, practical and outstanding projects in analytical data processing. The company has won multiple awards, being a highly qualified integration partner of leading vendors such as Microsoft, Snowflake and Databricks. Over the past 20 years, the team in Hamburg has implemented highly successful solutions across a wide range of industries in the upper mid-market and enterprise sector. Their portfolio ranges from traditional data warehouse and business intelligence approaches to Big Data, IoT, Data Lakes and self-service BI solutions, as well as cloud data platforms and artificial intelligence methods. Initions supports its customers in concept development and implementation in day-to-day business.

With the acquisition of data & AI specialist, initions, Mindcurv completes its e-commerce know-how. initions’ deep data expertise expands its services to cover the entire Digital Customer Journey. Companies are moving to cloud-based solutions throughout their customer journey. They need data to make informed decisions and to be ready for future developments. They require systems and support to merge internal and external data, and to analyse correlations and patterns. It is a prerequisite for the successful operational and strategic management of any modern organisation.

André Henkel, founder and managing director of initions explains: “With Mindcurv, we have found the ideal match in terms of market approach and technological expertise. Managed services, scalability, modern software development and international orientation are the keywords here. And customers now get all this from a single source with Mindcurv’s expanded portfolio.”

Mindcurv is one of the largest players in the German market, with more than 520 employees in ten different locations. “The DACH region is currently our focus market, where we will continuously invest,” explains Amjad Liaquat. “In the last 12 months, five new locations have been added, so we are now represented from Hamburg to Munich. However, we are an international company as well, with offices in the Netherlands, Spain, and India. We deliver world-class solutions with global partners and technologies for our multinational customers.”

Carlsquare acted as the exclusive financial advisor to initions.