Investment company EMERAM sells portfolio company diva-e to Conclusion Group

Munich, 04 June 2024: Funds advised by EMERAM Capital Partners ("EMERAM") have signed an agreement to sell their portfolio company diva-e to the Dutch Conclusion Group. EMERAM Capital Partners is one of the leading mid-market investment companies in the German-speaking region. The transaction is expected to close in the second quarter of 2024, subject to customary closing conditions and regulatory approvals.

Since 2015, with the support of EMERAM, diva-e has succeeded in building one of the leading providers of end-to-end digital experience solutions in the DACH market by merging a total of 12 companies. diva-e has all the key CX technologies (e.g. Adobe, Salesforce, SAP, Spryker, Scayle and Pimcore) and counts leading companies such as ALDI SÜD, Allianz, Bentley, E.ON, ZF Friedrichshafen and FC Bayern Munich among its customers. With more than 800 employees, diva-e generated revenues of approximately €100 million in the fiscal year 2023.

Kai Obring, founding partner of EMERAM, comments: "Together with the founders of diva-e, we have written one of the most successful growth stories in the digital sector in recent years. In addition to the successful merger and integration of all add-ons under one brand, the focus has been on building a consistent service portfolio. This ranges from consulting and technical implementation to cloud operations to meet the complex digital needs of businesses. With this reorganisation, we have developed diva-e into the leading service provider for digital experiences in Germany and created the basis for further growth. We see Conclusion Group as the ideal partner to actively support and strategically strengthen diva-e in the next phase of organic growth”.

Tilman Au, CEO of diva-e, adds: "Thanks to its extensive expertise and close collaboration with EMERAM as a business development partner, diva-e has established itself as a leading player in end-to-end digital commerce in the DACH region. The merger with Conclusion now creates a transnational powerhouse for digital experience solutions. In addition to the expansion of the service portfolio and the possibility of an international delivery structure and joint customer support, our clients will also benefit from synergies through nearshoring capacities in Southern Europe and South Africa”.

The parties have agreed not to disclose the purchase price. EMERAM was advised by UBS, The Boston Consulting Group, Poellath and Alvarez & Marsal.

About diva-e - www.diva-e.com

With a turnover of almost 100 million euros in 2023 and more than 800 employees, diva-e is one of the leading digital service providers in Germany. With over 20 years of experience in full service, diva-e covers the entire digital value chain of companies, from planning and project development to implementation, operation and maintenance. The result is digital experiences that lead to both financial and communicative transactions. diva-e works with world-renowned technology partners such as Adobe, SAP CX, Salesforce, Microsoft, Spryker, Bloomreach and Scayle. Its customers include well-known German and international companies such as ALDI Süd, EDEKA, E.ON, Carl Zeiss, dmTECH, ZF Friedrichshafen and Bentley. Both in Germany and internationally, diva-e is represented at a total of ten locations in Germany, Bulgaria and the United States.

ABOUT EMERAM - www.emeram.com

EMERAM is one of the leading investment managers for medium-sized companies in the German-speaking region. The funds advised by EMERAM provide more than €700 million of capital for the development of growing companies. The portfolio includes companies in the technology/software, value-added services and new consumer goods sectors. EMERAM acts as a long-term business development partner for its portfolio companies and promotes sustainable growth (organic and inorganic). In addition, the company focuses on the implementation of holistic ESG approaches.

The portfolio currently comprises eight platform investments with a total of more than 2,500 employees. The companies consistently deliver double-digit organic revenue growth. In addition, more than 30 add-on acquisitions have accelerated growth and enabled international expansion.

For further information please contact:

Media contact EMERAM - WMP EuroCom AG

Viona Brandt: Phone: +49 (0)175 93 93 320 | Email: emeram@wmp-ag.de

Susanne Horstmann: Phone: +49 (0)89 2488 331 02 | Email: emeram@wmp-ag.de

Media contact diva-e-Group

Katrin Menzel

presse@diva-e.com