IT services partner Proact has signed an agreement to acquire German IT consultancy company sepago for €12m with an additional €4m earn-out.
Through sepago’s circa 85 employees, Proact hopes to strengthen its digital transformation services based on cloud-first technologies such as Microsoft Azure, Microsoft 365 and Citrix virtual desktops. sepago’s capabilities in IT security and transformation migration consultancy are also expected to boost Proact’s current offering.
Acquisitions are key to Proact’s growth strategy and other recent acquisitions include Swedish IT company Conoa; German IT company ahd; UK cloud and workspace specialist Cetus Solutions; and PeopleWare ICT Solutions in the Netherlands.
Jonas Hasselberg, CEO and president of Proact IT Group AB, said: “Like Proact, sepago has a great market reputation amongst both customers and vendors. Together we will have a broader geographical presence of market-leading hybrid cloud solutions, and sepago’s distinct consultancy approach will be an excellent complement to Proact’s strength within managed services and infrastructure.”
Paul Lütke Wissing, managing shareholder and co-founder of sepago GmbH, added:
“sepago has more than 20 years of experience in IT consulting on topics such as data centre, public cloud transformation and IT security. We can leverage this, in combination with the portfolio and capabilities Proact brings to the table, to present an improved offering to customers. Together with Proact, we can use this enhanced offering to create more opportunities for our employees. For these reasons, Proact is the perfect fit for us.”
The transaction is expected to contribute to approximately €15m in increased annual revenues for Proact.