Rautenberg & Company advises Allgeier SE on the acquisition of a majority stake in Evora Group.
Our team advised Allgeier SE (Allgeier) on the acquisition of a majority stake in Evora Group (Evora). Signing took place in November, closing is expected in the coming weeks.
Allgeier is a specialized software and IT services provider for the digital transformation of business models. As a reliable partner, Allgeier supports more than 2,000 customers from the public sector, globally operating corporations, and market and industry leaders in the digitization and strategic development of their business-critical processes. With this acquisition Allgeier is continuing its focused growth strategy with the buy-and-build approach that has been successful for many years.
Evora is a fast-growing company specializing in SAP and ServiceNow consulting and software development and supports its customers in the end-to-end digitization of business processes. The company has deep expertise in implementing and operating comprehensive asset and field service management solutions. Evora operates a global organization and has its own engineering and service center in Bangalore, India. In recent years, Evora’s specialists have successfully completed projects for customers in industries such as life sciences, pharmaceuticals, chemicals, utilities and education in Europe, North America and Australia.
Our team around Boris Herzog supported Allgeier throughout the acquisition process with Commercial Due Diligence as well as with strategic advice.
Quick Facts
Date
- November 2021
Allgeier SE
- Specialized German software and IT services provider
- Supports more than 2,000 customers with digitalization and strategic development of business-critical processes
- Revenue over EUR 350m (2020)
Evora
- Specialized in SAP and ServiceNow consulting
- Serves customers in Europe, North America and Australia
- Founded in 2011 with headquarters in Walldorf, GER
Deal Size
- Undisclosed
Services
- Strategic Advisory
- Commercial Due Diligence
Team
- Boris Herzog, Partner
- Sebastian Leonhard, Manager
- Dominik Krause, Senior Associate