GÖRG advises IT service provider QuinScape Group on acquisition financing
GÖRG Partnerschaft von Rechtsanwälten mbB advised QuinScape Group GmbH from Dortmund, a portfolio company of Auctus Capital, on the raising of acquisition financing. Supported by the financing, the IT service provider acquired a majority stake in SD&C Solutions Development & Consulting GmbH and ixto GmbH as part of its buy & build strategy.
With the acquisition of the two Berlin-based companies, QuinScape is pursuing its medium-term goal of building a leading European group of high-performance, customer-oriented IT service providers with a focus on data management and analytics. SD&C Solutions Development & Consulting GmbH was founded in 2003 and is now an established IT service provider in northern Germany with 85 employees. ixto GmbH, also founded in 2003, has 27 employees and is a leading provider for the realisation of customised data solutions. After the merger, the group of three companies now employs 300 people approx.
A GÖRG team led by Cologne partner Dr Thomas Lange successfully assisted the QuinScape Group with banking law and financial law advice.
Advisors QuinScape Group GmbH
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Thomas Lange, Partner, Banking & Finance
Marc T. Zimmermann, Associated Partner, Banking & Finance
Eva Kötter, Associate, Banking & Finance (all Cologne)
About QuinScape GmbH and QuinScape Group GmbH
Anchor company of the QuinScape Group GmbH is the QuinScape GmbH, an IT service provider with a focus on data & analytics and software engineering. QuinScape can look back on more than 20 years of experience with enterprise Java technologies. In projects, QuinScape relies on internationally established platforms and holds a leading position in the German-speaking region with e.g. the Talend Data Fabric and cplace. The focus of its customers is on the automotive and pharmaceutical/chemical industries.