Fiducia & GAD IT AG has sold a significant stake in ELAXY GmbH to CREALOGIX Holding AG
As part of a long-term cooperation, CREALOGIX Holding AG, a leading Swiss provider of digital banking solutions, has acquired a significant stake in ELAXY GmbH, a subsidiary of Fiducia & GAD IT AG. Financial details have not been disclosed.
ELAXY has been a leader in the areas of software and data center services for over 25 years. The company's customized solutions serve banks, insurance and financial service providers, as well as customers in the e-commerce and industrial sectors. The ELAXY group consists of three companies: ELAXY Financial Software & Solutions, providing consulting with interactive digital solutions, ELAXY Business Solution & Services, which focuses on banking, brokerage and data center services, and ELAXY Format, a provider of commission accounting systems.
Founded in 1996, CREALOGIX is an independent, Swiss software company and, as part of the Fintech Top 100 companies, one of the leaders in digital banking in Switzerland. CREALOGIX develops and implements innovative fintech solutions for the digital bank of the future. The company focuses on addressing customer needs in the areas of mobility, security and personalized information, within a comprehensive customer service.
Fiducia & GAD IT AG is an IT service provider for the cooperative financial service network. The company is based in Karlsruhe and Münster with branches in Munich, Frankfurt and Berlin. Fiducia & GAD IT serves more than 164,000 bank workplaces, manages nearly 100 million customer accounts and ensures a smooth money supply with 38,000 self-service devices across the country.
Oaklins' team in Germany advised the seller in this transaction.
Talk to the deal team
Related deals
ASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance
The acquisition of ASPICON GmbH has strengthened Grouplink Holding GmbH’s position as an integrated IT services group with deep technological expertise in the German-speaking region. ASPICON complements the group’s service portfolio by introducing a highly specialized component focused on database infrastructures.
Learn moreDigitalXRAID has been acquired by Limerston Capital
DigitalXRAID Ltd., a cybersecurity services specialist, has been acquired by the cybersecurity platform of Limerston Capital, a UK mid-market private equity firm. This transaction marks a significant milestone in DigitalXRAID’s growth journey and supports its ambition to become a leading provider of cybersecurity services in the UK.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn more