Renzenbrink & Partner has advised IK Partners on the acquisition of a majority stake in CONET Group from H.I.G. Capital. The CONET management team is investing alongside IK. The financial terms of the transaction were not disclosed. <\/p>\n\n
CONET is a leading IT service and consulting company for SAP, infrastructure, communications, software and consulting in the key areas of cyber security, cloud, mobility and data intelligence. Founded in 1987 and headquartered in Hennef, Germany, the company employs over 1,100 people in 13 branches in Germany, Austria and Croatia. <\/p>\n\n
IK is a European private equity firm focusing on investments in the Benelux, DACH region, France, the Nordics and the UK.<\/p>\n\n
Completion of the transaction is subject to approval by the relevant antitrust authorities.<\/p>\n\n
The Renzenbrink & Partner team consisted of partners Dr. Ulf Renzenbrink<\/a> (Corporate\/PE) and Marc H. Kotyrba<\/a> (Tax\/PE) as well as counsel Christopher Blumenthal<\/a>, senior associate Dr. Alexander Haunschild<\/a> and associates Jonas Hamm (all Corporate\/PE), Dr. Toufic Schilling<\/a> and Marie Eikmeier<\/a> (both Tax\/PE).<\/p>\n\n In addition to Renzenbrink & Partner, other law firms working for IK were KNPZ (IT\/IP) and Blomstein (foreign trade and antitrust law).<\/p>\n","protected":false},"featured_media":2096,"template":"","class_list":["post-894","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n