Acquisition of BLUE Consult and BLUE Smart Services by K&P Computer Service

Sector(s)
TMT
Deal type
Buy a business
Date
June 2020
Countries involved
Germany

Client

K&P Computer Service- und Vertriebs-GmbH is an IT system house founded in 1985 with three business areas mainly IT maintenance, IT projects and Managed Services

Deal

Capitalmind advised K&P Computer Service- und Vertriebs-GmbH in the acquisition of BLUE Consult GmbH and BLUE Smart Services GmbH

Parties

Lead team

  • Michael Fabich

    Michael Fabich

    Chairman Germany

What we did

Capitalmind advised K&P Computer Service- und Vertriebs-GmbH on the acquisition of BLUE Consult GmbH and BLUE Smart Services GmbH in the purchase price and sales contract negotiations.

About the deal

K&P Computer Service- und Vertriebs-GmbH has acquired 100% of the shares of BLUE Consult GmbH and BLUE Smart Services GmbH. With this acquisition K&P Computer Service- und Vertriebs-GmbH has expanded its presence in the upper middle class.

K&P Computer Service- und Vertriebs-GmbH is an IT system house founded in 1985 and headquartered in Wiesbaden. With three business areas, IT maintenance, IT projects and Managed Services, the company acts as a cross-industry full-service provider for more than 3,000 medium-sized customers. The company currently employs over 150 people in Germany and Austria.

BLUE Consult GmbH, founded in 2004, and BLUE Smart Services GmbH, founded in 2013, are established IT consulting companies, offering Cloud Solutions, SAP S/4HANA, Digitalization and Infrastructure for upper mid-sized companies. The BLUE Group employs around 65 people at their headquarters in Krefeld and their offices in Cologne and Hamburg.

With the acquisition of the two consulting firms K&P Computer Service- und Vertriebs-GmbH offers a full range of IT-solutions as well as cloud offers and strengthen its presence in the upper middle class.

Capitalmind supported K&P Computer Service- und Vertriebs-GmbH with valuation and purchase price and purchase contract negotiations services as a buy-side advisor.

Dirk Müller, CTO at K&P and Managing Director of BLUE Consult GmbH: “The team of Capitalmind under the leadership of Michael Fabich supported us competently in implementing the acquisition of the BLUE Group in less than six weeks”.