Specialist for digital transformation and IT services Communardo wins PROM12 as strategic investor

Sell side

Specialist for digital transformation and IT services Communardo wins PROM12 as strategic investor (transfer-partners-communardo-prom12.png)

Sell side
Communardo Software GmbH

Buy side
PROM12 Management GmbH

Industry
TMT

Dresden, September 25, 2022: Communardo Software GmbH wins PROM12 and Christian Kranebitter as new shareholders and strategic growth investors.

Communardo has grown steadily since its founding in 2001 and, as a full-service provider for the modern workplace, generates revenues of EUR 40 million with nearly 220 employees at seven locations in Germany, Austria and Albania. Supported by PROM12, Communardo plans to continue the strong organic and inorganic growth in its core segments.

PROM12 which focusses on Digital Transformation and IT Services wants to support Communardo in its future development, working closely with Communardo's management team to strategically develop the company for international growth. Ilja Hauß and Dirk Röhrborn will remain as shareholders. Dirk Röhrborn will continue to be responsible for Communardo's business as CEO.

With PROM12 we gain the right partner for the further successful development of Communardo and the expansion of our service portfolio. I was particularly convinced by the entrepreneurial spirit and the deep understanding of the IT services market.

Dirk Röhrborn

Founder and CEO of Communardo

We are certain that Communardo is excellently positioned in a highly attractive and strongly growing market. However, we were not only impressed by Communardo's clear positioning in the Modern Workplace sector and the exceptionally good relationships with technology partners such as Atlassian, Microsoft, Staffbase and Monday.com, but in particular by the leadership team and the matching views on future growth. We see further significant potential for the company and look forward to realizing this together with the management team and employees of Communardo.

Daniel Herter

Managing Partner of PROM12

Transfer Partners worked on the entire process from the preparation of transaction documents, the search and approach of suitable investors, as well as management of the Due Diligence and the final negotiations of the purchase agreement.