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Print articleDATAGROUP, advised by Heuking, acquires iT TOTAL AG
January, 2024 - Fabian Gaffron, Rainer Herschlein, LL.M., Benedikt Raisch, Antje Muench, LL.M., Ramona Bauer-Schoellkopf
DATAGROUP, advised by Heuking, acquires iT TOTAL AG
A team led by Dr. Rainer Herschlein and Benedikt Raisch legally advised DATAGROUP SE on the acquisition of iT TOTAL AG. DATAGROUP thus expands its footprint in southwest Germany and enhances its position with attractive customers and experienced IT professionals.
iT TOTAL AG is the 33rd acquisition for the Pliezhausen-based IT specialists since DATAGROUP’s IPO in 2006. The parties have agreed not to disclose the purchase price.
Established in 1999, iT TOTAL employs 35 people and generates annual sales of some eleven million euros. The company’s Managed Services division is expanding at a rapid pace, complementing its existing IT projects and trade business with related service sales. By leveraging CORBOX, a well-established modular array of services that encompasses the entire range of corporate IT, DATAGROUP is a suitable partner to facilitate the progression of iT TOTAL into a full-service provider and to subsequently offer its clientele an even more extensive assortment of IT services.
DATAGROUP is a leading German IT service provider. Some 3,500 employees work across Germany to design, build, and operate IT infrastructures and commercial systems such as SAP. DATAGROUP is a full-service provider with its CORBOX solution, supporting medium-sized and big companies, as well as public clients and their IT workspaces globally. DATAGROUP actively engages in the IT service market consolidation process through its “buy and turn around” and “buy and build” strategies.
The team led by Dr. Rainer Herschlein and Benedikt Raisch regularly advises DATAGROUP on transactions and other matters. Cf. our press release of December 15, 2023:
DATAGROUP, advised by Heuking, acquires CONPLUS group and reinforces its position in the SME sector
Counsel to DATAGROUP SE
Heuking Kühn Lüer Wojtek:
Dr. Rainer Herschlein, LL.M.,
Benedikt Raisch (both Corporate M/A, both Lead), both Stuttgart,
Fabian G. Gaffron (Tax), Hamburg,
Antje Münch, LL.M. (IP, Media & Technology),
Ramona Bauer-Schöllkopf, LL.M. (Corporate/M&A), both Stuttgart
