PIXEL Group
Deal Type
Company sale
Sector
Technology
Completion Date
27th July 2020
Deal Value
Not disclosed
Company Background
The PIXEL Group is a company in the field of software development, which has positioned itself as a recognised solution partner for digital transformation due to its broad technological competence. The three subsidiaries "PIXEL", "Mixed Mode" and "NETexpress" support companies in various industries with professional services in the areas of software development, embedded & software engineering and IT support & consult-ing. The PIXEL Group, which was founded in 1988, employs around 160 people at its locations in Gräfelfing (Munich) and Regensburg.
Deal Summary
Proventis Partners advised the shareholders of PIXEL Group GmbH, Munich, on the sale to the Ingenics Group, Ulm.
The digital transformation powerhouse with competencies in embedded systems, application software development, and IT infrastructure enriches the service portfolio of the acquirer that is active in process optimization consulting by a digital component. Proventis was able to meet all the individual sellers' requirements and deliver a deal with a complex transaction structure. This covers an exit for some shareholders, and a buy-back model with future call-/put-options for the other shareholders.
Value Added
Process strategy development, development of the equity story, preparation of documentation, international approach of potential buyers as well as the coordination of the due diligence process and the management of contract negotiations. Proventis structured a tailor-made deal for the different individual shareholders' requirements.
PIXEL Group deal contacts
Key members of the Proventis Partners deal team crucial in the PIXEL Group transaction
