DATAGROUP Acquires Banking Service Provider dna
May, 2021 - Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised DATAGROUP SE on the acquisition of 100% of the shares in dna Gesellschaft für IT Services mbH. DATAGROUP intends to use the acquisition to complement its existing activities in the field of IT services for the financial services sector. The parties agreed not to disclose the acquisition price.
Hamburg-based dna Gesellschaft für IT Services mbH specializes in services for IT infrastructures and IT applications. The company’s expertise includes network management, managed client services, application operation and user administration, as well as industry-specific technical support. In addition, dna advises on integration processes to implement new systems and applications and supports software development processes.
DATAGROUP SE is a German IT service company with more than 2,700 employees. The company designs, implements, and operates IT infrastructures and business applications such as SAP. With DATAGROUP Financial IT Services GmbH and its sister company Portavis GmbH, DATAGROUP already serves numerous customers in the banking and savings bank sector.
The team led by Herschlein regularly advises DATAGROUP, most recently on taking out a stake in start-up Cloudeteer in June 2020.
Counsel to DATAGROUP SE
Heuking Kühn Lüer Wojtek:
Dr. Rainer Herschlein, LL.M. (Corporate/M&A, Lead),
Charlotte Schmitt, LL.M. (Corporate/M&A),
Dr. Emanuel Teichmann (Corporate/M&A),
Natalia Dinnebier (Employment), all Stuttgart
Fabian G. Gaffron (Tax), Hamburg
