Cancom’s Acquisition of Synaix

Heuking Kühn Lüer Wojtek advises Synaix shareholders on the sale of all Synaix shares to Cancom

The shareholders of Synaix Gesellschaft für angewandte Informations-Technologien mbH and of Synaix Service GmbH, jointly Synaix Group, each sold 100% of their shares in Synaix Group to Cancom SE. A team led by Dr. Jörg aus der Fünten, Partner at the Cologne office, advised the shareholders of Synaix Group.

The total acquisition price is in the mid-double-digit million-euro range. The acquisition allows Synaix’s management and founders to contribute their experience from the IT industry and their network of contacts to Cancom SE.

Aachen-based Synaix Group offers integrated solutions for digitizing business processes. The IT service provider operates the digital core processes of customers in various industries in the areas of standard IT, managed IT, and digital process hosting in as-a-service models and provides IT services in private and third-party data centers. At present, Synaix Group employs a staff of 80 people.

Cancom SE, based in Munich, is a provider of IT infrastructure and IT services in Germany and Austria. Its product and service portfolio includes IT consulting, the design of IT architectures and IT landscapes, the design, integration, and operation of IT systems, and the distribution of hardware and software.

Heuking Kühn Lüer Wojtek advised Synaix Group with Jörg aus der Fünten (Picture) (Lead, Corporate/M&A), Sebastian Stindt (Corporate/M&A), Marc P. Scheunemann, LL.M. (Tax), Rainer Velte (Antitrust) andDominik Eickemeier (IT).

Involved fees earner: Jörg aus der Fünten – Heuking Kühn Lüer Wojtek; Sebastian Stindt – Heuking Kühn Lüer Wojtek; Marc Scheunemann – Heuking Kühn Lüer Wojtek; Rainer Velte – Heuking Kühn Lüer Wojtek; Dominik Eickemeier – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: Synaix Group;