- The IT Consulting company EPCon IT-Consulting GmbH is acquired by GOD group in cooperation with Waterland Private Equity
- With this acquisition GOD intends to broaden its customer base and further extend its growth strategy
- Ebner Stolz advised the buy-side in the context of a Financial and Tax Due Diligence
Stuttgart, Germany, October 10, 2022 - The auditing- and consulting firm Ebner Stolz has advised GOD group (GOD.dev) on the acquisition of EPCon IT-Consulting GmbH (EPCon) with a Financial and Tax due diligence.
Founded in 1985, GOD.dev is a full-service IT provider and has been developing and operating customised enterprise IT and software solutions. The company is headquartered in Braunschweig, Germany and operates in additional locations in Germany, Lithuania, Poland, and India. As a full-service IT provider, the company caters to all phases of the software lifecycle beginning from the development of applications to planning and implementation as well as support across all service levels. Approximately 500 employees service and support large as well as medium sized enterprises.
EPCon was founded in 2016 and is an IT consulting and professional service provider for technical recruitment, software development and managed services. The company is headquartered in Minden and operates an additional location in Braunschweig, Germany. EPCon operates in four broad segments namely test and quality management, technology consulting, architecture consulting, project management and project support.
In cooperation with Waterland Private Equity, the IT service provider GOD.dev has taken a step forward in its corporate growth with the acquisition of EPCon while also adding another member from the IT sector to its portfolio. With the acquisition, GOD.dev will have a strong partner to increase its customer base as well as driving further its growth strategy to successfully serve the increasing IT demand in the future. The services with the new partner also include modern cloud and edge computing services as well as SAP consulting.
Ebner Stolz provided comprehensive support to the buy side for the acquisition in the context of a Financial and Tax Due Diligence.
Team Ebner Stolz: Christian Fuchs (Project-leading Partner), Felix Fries, Seema Rao (both Financial Due Diligence), Alexander Euchner (Partner, Tax Due Diligence) and Stefanie Schrötter (Tax Due Diligence).
Phone +49 221 20643-628
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About Ebner Stolz
Ebner Stolz is one of the largest independent mid-market auditing and consulting firms in Germany and ranks among the top ten in the industry. The firm has decades of in-depth experience in auditing, tax consulting, legal consulting and management consulting. This broad spectrum is offered by 1,900 employees in the typical multidisciplinary approach in all major German cities and business centers. As a market leader in the SME sector, the firm primarily serves mid-sized industrial, commercial and service enterprises of all sizes and in every sector.
Ebner Stolz conducts cross-border audit and consulting engagements together with partners from Nexia International, one of the world's ten largest networks of consulting and auditing firms. Through Nexia, Ebner Stolz is represented in over 125 countries with 790 offices.