21 May 2024
First acquisition since Rivean Capital’s entry in January 2024
Dortmund/Frankfurt. Dataciders, one of the leading providers of data and AI services in Germany, has strengthened its expertise by acquiring the IT services provider Redpoint.Teseon. Dataciders particularly enhances its application field of supply chain management solutions with this first acquisition since entry of the private equity firm Rivean Capital in January 2024.
Redpoint.Teseon, based in Garching near Munich, specializes in the optimization and transformation of complex value creation networks. The company has core competencies in the areas of supply chain management solutions, product innovation as well as project and portfolio management solutions. In addition, Redpoint.Teseon supplies the group with its own AI-based solutions for business analytics & execution. These solutions enable customers to analyze complex structures and processes more effectively and make better business decisions.
Thomas Diezmann, CFO of Dataciders, says: “The in-depth technical expertise of Redpoint.Teseon strengthens our consulting competence in supply chain management solutions and allows us to implement projects more quickly using a ready-made solution. Furthermore, the acquisition allows us to further expand our industry expertise in pharma with a strong customer network.”
Redpoint.Teseon also benefits from the synergies created by joining the Dataciders group. Karsten Schaaf, one of the three Managing Partners of Redpoint.Teseon, explains: “As part of Dataciders, we are able to offer our customers even more comprehensive consulting services and a wider range of advanced IT solutions. By combining our process and methodological expertise with Dataciders’ technical strength, we will be able to provide our customers with best-of-breed solutions from a single source.”
Matthias Wilcken, Senior Partner at Rivean Capital, emphasizes: “The acquisition is a first building block of a buy-and-build strategy aimed at further expanding Dataciders’ market position as a leading provider of highly specialized solutions in the field of data & AI as well as driving sustainable growth.”
The existing and proven collaboration between the two companies in joint customer projects has created a foundation of trust for integration and will be further strengthened through the acquisition.
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, Zur 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