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Wed, 14 Apr 2021

Seufert advises Data Respons AS on its acquisition of a further provider of special-ised IT services

 

Seufert advised the international technology group Data Respons with headquarter in Norway on a further M&A transaction in Germany. Data Respons is a leading provider of R&D engineering services, software and hardware development, and smarter embedded and IoT solutions to OEM companies, system integrators and product suppliers. Strengthening its position within software development and the IT consulting for financial institutions in Germany, Data Respons acquired 100 % of the shares in frobese GmbH (including its subsidiary). frobese GmbH with headquar-ter in Hannover is focused on providing software engineering services for banks and insurance companies, maintaining for this purpose a team of experts of about 100 employees.