Invest Unternehmensbeteiligungs AG and Raiffeisen OÖ Invest GmbH & Co OG

SAXINGER adviced Invest Unternehmensbeteiligungs AG and Raiffeisen OÖ Invest GmbH & Co OG as major shareholders of K-Businesscom (formerly Kapsch BusinessCom) on the sale of their shareholding to CANCOM SE.

The transaction with a total volume of around EUR 165 million (equity value) creates one of the leading hybrid IT companies in the DACH region with growth potential. The customers of both companies will benefit from bundled expertise in the areas of IT and digitalization solutions.

K-Businesscom AG (formerly Kapsch BusinessCom AG) is Austria's leading ICT solution and service provider and digitalization partner. The K-Businesscom Group has around 1,650 employees and generated revenues of around EUR 520 million in the 2022/2023 financial year. As a result of the transaction, it will become part of the CANCOM Group with an annual turnover of approx. 1.3 billion euros. CANCOM SE, based in Munich, is one of the top IT system houses in Germany. The two companies have similar focuses and at the same time complement each other in many areas.

On the SAXINGER side, the transaction was led by the partners Franz Mittendorfer and Sebastian Hütter. Clemens Harsch and Michaela Nill (reorganization law), Thomas Rosenthaler and Dieter Duursma (merger control) as well as Christian Reichmann and Matthias Kirsch from Schindhelm Germany were also significantly involved.

MMag. Sebastian Hütter
partner

“We are pleased that we were able to support Invest AG and OÖ Invest in this transaction and that we have also made a contribution to the future of digitalization”