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Private Equity | TMT

Global IT Group has joined forces with enthus Group

February 2024 — Global IT Group, an IT services company, and enthus Group GmbH, an IT solution provider operating in Germany, Austria and Switzerland, have joined forces. As a result, enthus Group will significantly expand its market position in Switzerland. The sellers of Global IT have reinvested in the buyer and will ensure that local management continues to run the company as part of the succession planning.

Headquartered in Neerach, Switzerland, Global IT Group is an IT services company which offers individual services and complete IT solutions to a wide range of companies and government institutions. Its core competencies are in the areas of cloud infrastructure, servers, storage, virtualization, backup and recovery, printers, desktop services/VDI and support.

enthus Group GmbH, headquartered in Böblingen, is a German IT solution provider with operations at 17 locations in Germany, Austria and Switzerland. enthus Group is a portfolio company of One-Equity-Partners (OEP).

Our role in the transaction

Oaklins’ team in Switzerland acted as the exclusive M&A advisor to the shareholders of Global IT Group through the entire transaction. The team in Germany identified and contacted enthus Group and supported the transaction in its early phase.

Parties
“Oaklins accompanied us closely and with great commitment on the long road to this successful transaction. Its long-standing experience in such situations and extensive local and international network of contacts contributed significantly to the success. We were also very grateful during this very intensive period that a lot of things were taken off our hands so that we could still take care of the operational business.”

Spiros Lekatsas

Former owner, Global IT Group

Talk to the deal team

Dr. Daniel Spring

Partner
Bern, Switzerland
Oaklins Switzerland

Dr. Jürg Stucker

Partner
Zurich, Switzerland
Oaklins Switzerland

Christoph Rummelt

Director
Hamburg, Germany
Oaklins Germany

Felix Daetz

Senior Associate
Hamburg, Germany
Oaklins Germany

Daniel Eichenberger

Senior Associate
Bern, Switzerland
Oaklins Switzerland

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