Go to deals
TMT

SKYTEC AG has been acquired by Allgeier Holding AG

Allgeier Holding AG has taken over a majority shareholding of SKYTEC AG, headquartered in Oberhaching, via its wholly owned subsidiary, TOPjects AG. Financial details have not been disclosed.

Founded in 1997, SKYTEC AG is a company serving upper mid-market customers and large companies. It offers solutions in the areas of automotive, SCADA, building management, innovation and idea management, and business intelligence.

Allgeier Holding AG is an exchange traded, international IT service company with a current total of 14 operative companies. The rapidly growing group offers full-service solutions which encompass the initial design, the implementation and the operation of IT landscapes. Its subsidiary TOPjects AG offers expertise in the financial services and telecommunications industries.

Oaklins' team in Germany advised Thomas Geyer, SKYTEC's principal shareholder, on various strategic M&A options. In addition to selling to a strategic industry partner, the options of an internationalization strategy and of involving a financing partner were also considered in connection with this transaction.

Parties

Talk to the deal team

 Jan P.  Hatje

Jan P. Hatje

Managing Partner
Hamburg, Germany
Oaklins Germany

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
PCI Pal has completed an equity raise
Financial Services | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Learn more