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Dataciders acquires PRODATO and strengthens its position as a leading provider of data, analytics and AI services in the DACH region

06.03.2024

3 June 2024

Second acquisition since Rivean Capital’s entry in January 2024

Dortmund/Nuremberg. Dataciders, one of the leading providers of data, analytics and AI services in Germany, continues to extend its market leadership in the DACH region by acquiring the IT services provider PRODATO. This acquisition enables Dataciders to expand its service and customer portfolio, industry expertise, regional presence, network of technology partners and pool of software engineers and consultants.

PRODATO, based in Nuremberg, is an established IT services company specialized in data and analytics solutions for mid-sized and large companies in the DACH region. With 175 employees, PRODATO offers project-based data and analytics consulting services, software licenses, and other services. The company is known for its expertise in the fields of data integration, process automation, AI, data governance and regulation, and corporate performance management. PRODATO’s customer base includes the food retail, pharmaceutical and industrial sectors.

Dr. Gero Presser, CEO of Dataciders, explains: “PRODATO has long been an ideal match for Dataciders. On the one hand, the company’s expertise significantly strengthens our existing service offering, giving the group greater clout. On the other hand, we are expanding our portfolio to include new clients, industries, technologies and areas of expertise. Furthermore, we have a perfect fit on a human and cultural level. Together with PRODATO, Dataciders will become a leading provider of data, analytics and AI services in the German-speaking region.”

Dr. Christian Meiler, outgoing Managing Director and current shareholder of PRODATO, adds: “After 25 years of passionate enthusiasm for value creation from data, I am delighted to have found a new partner for PRODATO in the Dataciders group, who shares our passion for data-centric issues. Dataciders, as a leading services provider for data, analytics and AI, gives us a broader network and expands our portfolio.”

Dr. Matthias Faerber, one of three Managing Directors of PRODATO, says: “I am looking forward to starting a new chapter for PRODATO together with Dataciders. By joining forces, we can leverage our collective experience and expertise in data, analytics, and AI. In recent years, we have achieved great success in the areas of data governance and master data management. I am looking forward to new opportunities that will arise within the group. The merger of PRODATO and Dataciders creates added value for everyone.”

Matthias Wilcken, Senior Partner at Rivean Capital, emphasizes: “The acquisition is a further step in our buy-and-build strategy, which aims to further expand Dataciders’ market position as a leading provider of highly specialized data and AI solutions to drive sustainable growth.”

PRODATO is Dataciders’ second acquisition since Rivean Capital has invested in the Dortmund-based IT services provider in January 2024. In mid-May, Dataciders announced the acquisition of the IT services provider Redpoint.Teseon, which is headquartered in Garching near Munich. Redpoint.Teseon is specialized in the optimization and transformation of complex value creation networks with the help of data, analytics and AI. Its core competencies include supply chain management, product innovation and project as well as portfolio management.

The change of ownership is subject to the usual conditions, including approval by the competition authorities. The acquisition is expected to be completed by the end of June.

 

About Rivean Capital
Rivean Capital is a leading European private equity investor in mid-market transactions with operations in the DACH region, Benelux and Italy. Rivean Capital has assets under management in excess of €5bn and offices in Amsterdam, Brussels, Frankfurt, Zug and Milan. Since its inception in 1982, Rivean Capital has supported more than 250 companies in realizing their growth ambitions.

Further information at www.riveancapital.com