12 September 2024
Dortmund/Hohenzell (Austria). With the acquisition of the Austrian Data & AI services provider PASO Solutions, Dataciders further expands its position as a leading provider of Data & AI solutions in the German-speaking region. Following the acquisitions of the IT services providers PRODATO, Nuremberg, and Redpoint.Teseon, Garching near Munich, this is Dataciders’ third add-on acquisition since Rivean Capital’s entry in January 2024.
PASO Solutions, headquartered in Hohenzell (Austria), specializes in Data & AI solutions for midsized and large customers. The company offers project-based, end-to-end Data & AI services with a focus on supply chain management applications, such as digital twins of existing supply chains to monitor and optimize processes. With a team of more than 40 employees, PASO Solutions also develops and implements customized software solutions in the areas of embedded systems and the Internet of Things. Additionally, the company offers business analytics services for data management, data integration, and real-time monitoring. Technologically, PASO Solutions focuses on the Microsoft ecosystem and strengthens this expertise within the Dataciders Group.
Dr. Gero Presser, CEO of Dataciders, says: “As an important step towards our international expansion, we are fortunate to join forces with PASO Solutions, a leading provider of Data & AI services with a strong presence in Austria. We are especially delighted to have a partner who is highly enthusiastic and deeply understands the Austrian market as a brand ambassador for Dataciders.”
Herbert Pataky, founder and CEO of PASO Solutions, explains: “The collaboration within the Dataciders Group offers enormous potential for new business partners in Austria. As a regionally recognized player, we can now implement large, long-term projects from a single source with the power of a renowned Data & AI leader. We look forward to becoming part of a great success story, growing together, and achieving greater goals.”
Matthias Wilcken, Senior Partner at Rivean Capital, emphasizes: “The acquisition is another consistent step in our buy-and-build strategy for Dataciders. This aims to sustainably drive the growth of the Dataciders Group and further expand Dataciders’ presence within the DACH region.”
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About Rivean Capital
Rivean Capital is a leading European private equity investor for mid-market transactions, active in the DACH region, the Benelux countries, and Italy. Funds advised by Rivean Capital manage over €5 billion in assets. Since its founding in 1982, Rivean Capital has supported more than 250 companies in achieving their growth goals.
For more information, visit www.riveancapital.com
For inquiries:
Rivean Capital
Maikel Wieland
Head of Investor Relations
Email: m.wieland@riveancapital.com