fernao has been sold to VINCI Energies.
Munich, 21st August 2024. TCG Corporate Finance acted as the exclusive sell-side advisor to AUCTUS Capital Advisors AG (AUCTUS Capital) and the fernao management shareholders on the sale to VINCI Energies and Axians.
fernao is a leading cybersecurity player in Germany and Switzerland, with over 770 first class IT and cybersecurity specialists and revenues of around 260 million euros (pro forma) in 2024. The company provides end-to-end (E2E) cyber- and IT-security services and solutions to upper mid-market and enterprise customers. Under AUCTUS’ ownership, fernao has made 16 acquisitions and grown into a DACH powerhouse.
Christoph Blanke, Partner at AUCTUS capital, commented: “TCG’s support and deep tech services expertise was essential for us to reach this outcome. The team did a fantastic job.”
Harald Mährle and Marvin März, Managing Directors at TCG Corporate Finance, commented: “This transaction is one of the largest European cybersecurity deals and one of the biggest IT services transactions in Germany for 2024. We are thrilled to have advised AUCTUS Capital Partners AG and the fernao management shareholders on this transaction.”
This transaction is further testament to TGC Corporate Finance’s strong expertise in advising tech services companies, having recently advised Mindcurv on its sale to Accenture and Connexta on its sale to Fremman Capital, among many others.
For enquiries, please contact:
Marvin März, Managing Director, at mmaerz@tcg-cf.com
Harald Mährle, Managing Director, at hmaehrle@tcg-cf.com
About TCG Corporate Finance
TCG Corporate Finance is a leading pan-European Tech & Digital M&A Advisor, serving investors, entrepreneurs and innovators, providing unparalleled expertise in navigating the complexities of mergers and acquisitions in a digital, tech-driven environment. Founded in 2022, the company today has offices in Munich, Berlin, Stockholm and London.