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  5. itelligence AG Acquires Sybit

M&A Deal Summary

itelligence AG Acquires Sybit

On June 28, 2018, itelligence AG acquired software company Sybit

Acquisition Highlights
  • This is itelligence AG’s 1st transaction in the Software sector.
  • This is itelligence AG’s 2nd transaction in Germany.

M&A Deal Summary
Date 2018-06-28
Target Sybit
Sector Software
Buyer(s) itelligence AG
Deal Type Add-on Acquisition

Target

Sybit

Radolfzell, Germany
Sybit GmbH is a provider of consulting services to renowned customers, predominantly corporations and globally operating SME companies from the plant engineering, high-tech, automotive, and medical technology sectors, assisting them in realizing sophisticated SAP and Hybris projects, now including the key technology of the SAP C/4HANA suite. Sybit GmbH was founded in 2000 and is based in Radolfzell, Germany.

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Buyer(S) 1

Buyer

itelligence AG

Bielefeld, Germany
Category Company
Founded 1989
Sector Information Technology
Employees3,078
DESCRIPTION

itelligence AG is a provider of SAP service solutions.

DEAL STATS #
Overall 7 of 7
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Germany M&A 2 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-28 EINS Consulting

Stockholm, Sweden

EINS Consulting is focuses on SAP ERP, CRM, analytics, and change & transformation, serving customers located all over Sweden.

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