alphaQuest GmbH
Industry: IT Services
Country: Germany
Transaction type: Succession / Buy & Build
Acquisition: in 2020
Employees: 52
Turnover: less than 10 million EUR
https://www.alphaquest.de/
alphaQuest is a highly specialized provider for data analytics, business analytics and software engineering with locations in Ulm and Berlin. The company provides high-quality consulting services along the data science value chain with a focus on data management and business intelligence through to the modeling of complex mathematical models (predictive analytics). In the area of business analytics, business processes are optimized in agile structures by incorporating value-creating digitalization solutions. For these optimizations, the appropriate technical solutions are also implemented by alphaQuest itself in the area of software engineering in the form of enterprise or web & mobile applications.
Family Trust has taken over all shares of the company founder and previous majority owner André Probst as part of a corporate succession. Minority shareholder Dr. Christian Wagner, who has played a key role in alphaQuest’s strategic development from a system house to an IT service provider since 2010, has taken a stake in the company and will continue to lead the company as managing partner. With alphaQuest as an initial strong anchor investment, the fragmented IT services market offers significant potential for a group build-up as part of a buy & build strategy in order to strengthen organic growth.