DGAP-News DATAGROUP SE: DATAGROUP Acquires a Stake in URANO Informationssysteme GmbH
DGAP-News: DATAGROUP SE / Key word(s): Investment
DATAGROUP Acquires a Stake in URANO Informationssysteme GmbH
DATAGROUP strengthens footprint in Rhineland-Palatinate and Hesse by taking a stake in URANO, a large mid-market IT service provider.
Pliezhausen, May 6, 2021. On Thursday, May 6, DATAGROUP SE (WKN A0JC8S) has signed a participation agreement with the shareholders of URANO Informationssysteme GmbH based in Bad Kreuznach. DATAGROUP thus massively strengthens its business with high-quality IT services in the Rhineland-Palatinate and Hesse regions.
URANO has roughly 300 employees providing IT services for private sector and public sector organizations. The company is expected to generate revenues of some EUR 50m in the current fiscal year (01.01.-31.12.2021). URANO serves a variety of customers headquartered in Germany. For many years, the company has been a reliable partner for public authorities in Rhineland-Palatinate and Hesse and recently provided significant support in setting up and running the vaccination centers in Hesse. This customer structure ideally supplements DATAGROUP's focus on predominantly Mittelstand companies and complements it in regional terms.
"The participation is another logical step in the development of DATAGROUP. URANO is a perfect addition to the group, and it has very good access to the authorities of the federal states of Rhineland-Palatinate and Hesse. We hope that URANO will provide significant growth momentum but also a much better regional footprint in the Rhine-Main region", comments Max H.-H. Schaber, CEO of DATAGROUP.
Andreas Krafft, former majority owner and founder of URANO, comments: "In DATAGROUP we have found a partner who has the necessary scale and, at the same time, is a mid-market business with an owner-managed culture. This transaction has created the ideal conditions to further accelerate the strong growth of the two companies together. I am very convinced that this will guide the employees of URANO into the future."