DACH

EQS-News: home24 SE: Joint reasoned statement: management board and supervisory board of home24 recommend shareholders to accept the takeover offer of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH

Retrieved on: 
Sunday, November 27, 2022

home24 SE: Joint reasoned statement: management board and supervisory board of home24 recommend shareholders to accept the takeover offer of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH

Key Points: 
  • home24 SE: Joint reasoned statement: management board and supervisory board of home24 recommend shareholders to accept the takeover offer of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH
    The issuer is solely responsible for the content of this announcement.
  • After careful consideration of the offer document, the management board and the supervisory board also deem the cash consideration of EUR7.50 per home24-share to be fair and adequate.
  • The management board and the supervisory board have examined the Offer and recommend to the home24shareholders to accept the Offer.
  • For the review of the offer price regarding its fairness, the management board and the supervisory board were advised by Joh.

EQS-News: audius SE: audius significantly increases total output and EBITDA after 9 months - order backlog continues to grow

Retrieved on: 
Sunday, November 27, 2022

The EBITDA margin in the reporting period increased to 11.7% due to the very good result in the third quarter.

Key Points: 
  • The EBITDA margin in the reporting period increased to 11.7% due to the very good result in the third quarter.
  • EBIT also increased significantly, reaching EUR 5.0 million in the first nine months (EBIT 9 months 2021: EUR 4.2 million).
  • The order backlog as of September 30, 2022 also increased once again to around 45.6 million euros (as of September 30, 2021: 32.4 million euros).
  • Based on the very positive order situation for next year as well, audius expects the growth trend to continue in 2023.

Kicking Off Just in Time for FIFA World Cup: DAZN Now Available on Foxxum CTV OS

Retrieved on: 
Tuesday, November 22, 2022

It will also meet the demand for the DAZN app from existing Foxxum CTV OS clients that will subsequently onboard within the next year, following the initial launch on Vestel devices.

Key Points: 
  • It will also meet the demand for the DAZN app from existing Foxxum CTV OS clients that will subsequently onboard within the next year, following the initial launch on Vestel devices.
  • DAZN offers both live and on-demand streaming of live football events such as the Bundesliga and UEFA Champions League, plus other European top football leagues.
  • Subscribers can also enjoy a broad selection of different sports programs including boxing, winter sports, tennis, darts, cycling and many more.
  • Therefore, we are very proud to add DAZN to Foxxum CTV OS, kicking off a long-term partnership", says Ronny Lutzi, CEO at Foxxum GmbH.

EQS-News: Bidders connected to XXXLutz Group publish offer document for takeover of home24 – acceptance period commences

Retrieved on: 
Friday, November 11, 2022

XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24

Key Points: 
  • XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24
    Wels, 11 November 2022 RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have published the offer document for their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24") today.
  • Consequently, home24 shareholders can tender their shares starting today for the highly attractive cash offer of EUR7.50 per share.
  • The acceptance period ends on 9 December 2022 at 24:00 hrs (local time in Frankfurt am Main, Germany) or 6pm respectively (local time in New York).
  • In addition, XXXLutz is considering a Delisting of the home24 shares from the stock exchange following completion of the Offer.

EQS-News: Deutsche Beteiligungs AG: Sale of investment in Cloudflight

Retrieved on: 
Friday, November 11, 2022

Deutsche Beteiligungs AG (DBAG) has very successfully concluded its investment in Cloudflight, a leading european full-service provider for digital transformation, selling its stake to Partners Group, a leading global private markets firm, acting on behalf of its clients.

Key Points: 
  • Deutsche Beteiligungs AG (DBAG) has very successfully concluded its investment in Cloudflight, a leading european full-service provider for digital transformation, selling its stake to Partners Group, a leading global private markets firm, acting on behalf of its clients.
  • Through its investment in Cloudflight, DBAG FundVII had structured smooth succession arrangements for the founder-led business.
  • The sale of the Cloudflight investment is the second disposal of a management buyout (MBO) from DBAGFundVIIs portfolio.
  • Deutsche Beteiligungs AG (DBAG) has been listed since 1985 and is one of most renowned private equity firms in Germany.

Partners Group to acquire Cloudflight, a leading digital transformation services provider

Retrieved on: 
Friday, November 11, 2022

Partners Group to acquire Cloudflight, a leading digital transformation services provider

Key Points: 
  • Partners Group to acquire Cloudflight, a leading digital transformation services provider
    Cloudflight provides mission-critical services to help companies digitize business models, processes, and products
    Partners Group, a leading global private markets firm, has, on behalf of its clients, agreed to acquire a controlling equity stake in Cloudflight (or "the Company"), a leading digital transformation services provider in Europe, from Deutsche Beteiligungs AG.
  • Bilge Ogut, Partner, Head Private Equity Technology Industry Vertical, Partners Group, says: "For many industries and businesses, digital transformation remains top of the agenda for improving value propositions and overall competitiveness in a period of macroeconomic challenges.
  • We will leverage our previous experience working with digital transformation services providers to help build Cloudflight for scale."
  • Partners Group seeks to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders.

EQS-News: CANCOM: Around 11 percent growth in the third quarter of 2022

Retrieved on: 
Friday, November 11, 2022

Interim statement for the third quarter of 2022 confirms published preliminary results of the CANCOM Group.

Key Points: 
  • Interim statement for the third quarter of 2022 confirms published preliminary results of the CANCOM Group.
  • Accordingly, in the third quarter of 2022 the CANCOM Group achieved Group revenues of 329.6 million (prior year: 297.7 million) and a Group EBITDA of 28.9 million (prior year: 32.6 million).
  • The largest contribution to the CANCOM Group's revenue growth in the third quarter of 2022 came from the IT Solutions business segment.
  • Revenue in the third quarter of 2022 amounted to 69.2 million (prior year: 63.0 million), representing a year-on-year increase of 9.9 percent.

BILENDI: Revenues for the 3rd quarter of 2022: +41.9%

Retrieved on: 
Friday, November 11, 2022

In the third quarter of 2022, Bilendi recorded consolidated revenues of 14.0 million, an increase of +41.9%.

Key Points: 
  • In the third quarter of 2022, Bilendi recorded consolidated revenues of 14.0 million, an increase of +41.9%.
  • International revenues grew by 48.5% during the period, to 11.4m, representing 81% of total sales for the quarter, despite the inflationary and macro-economic environment currently affecting Europe.
  • In France, revenue of 2.6m (19% of total turnover for the quarter), was up 18.4% (-15.5% on a pro forma basis).
  • In a more demanding general environment, the Group is confident that its business will continue to grow in the fourth quarter of 2022.

Aptean Adds Apparel ERP to its Industry-Specific Software Offerings in the DACH Region with Acquisition of ImPuls AG

Retrieved on: 
Wednesday, November 9, 2022

ImPuls modular platform was designed especially for the fashion and apparel industry and helps customers simplify inventory management and streamline mission-critical workflows.

Key Points: 
  • ImPuls modular platform was designed especially for the fashion and apparel industry and helps customers simplify inventory management and streamline mission-critical workflows.
  • This transaction strategically builds on Apteans commitment to serving the fashion and apparel industries with an established and successful provider in the DACH region.
  • Aptean is pleased to expand our ERP presence in the DACH region with offerings for apparel companies, said Bob Kocis, President, Americas and DACH, at Aptean.
  • ImPuls AG and Aptean share a focus on delivering industry-specific solutions to support the fashion and apparel industry, said Axel Domschke, Managing Director at ImPuls.

FTI Consulting Launches Technology Segment in Switzerland, Appoints Senior Managing Director as Country Lead

Retrieved on: 
Tuesday, November 8, 2022

LONDON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the launch of its Technology segment in Switzerland, establishing the firms formal presence in the country.

Key Points: 
  • LONDON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the launch of its Technology segment in Switzerland, establishing the firms formal presence in the country.
  • The launch includes the appointment of investigations expert Jerry Lay as a Senior Managing Director and the segments Switzerland lead.
  • Prior to joining FTI Technology, Mr. Lay served in a leadership role in disputes and investigations at Alvarez & Marsal in Zurich.
  • FTI Technology has also expanded its partnership with Relativity to provide the cloud-based e-discovery solution RelativityOne in Switzerland.