Q_PERIOR acquires P5group
Within the scope of business development, Q_PERIOR Group with headquarters in Munich and P5group with headquarters in Zürich have agreed to merge.
Transfer Partners was mandated with the entire sales process including the preparation of the transaction-related documents, the research and identification of suitable buyers, the structuring of the due diligence examination and conducting negotiations up to the successful completion of the transaction.
“Seldom do two companies fit so perfectly together in terms of their culture and offering. Both companies have proven in recent years that the requisite trust can be created and sustainable success achieved through reliability and great commitment in the financial and insurance market.”
The P5group with its brands Adverdi, IC & Partner, ER & Partner, focusses on digitalization and compliance projects within the financial industry, covering consulting, personnel recruitment and payrolling up to permanent placement in order to answer customer needs.
Q_PERIOR is an owner-managed business and IT consulting firm. The company supports large corporations and large mid-sized companies with integrated specialized and IT competencies. Across all business areas, Q_PERIOR successfully implements projects that make companies more competitive in times of digital transformation.
“Our customers, present and future, will benefit from enhanced banking management consulting services and extension of SAP Banking implementation expertise. All contacts with existing customers will remain unchanged.”
CEO Q_PERIOR Gruppe
The merger and the subsequent integration of P5 Group into Q_PERIOR Group will commence immediately. The merger, under the joint Q_PERIOR brand, will take place on January 1, 2018. Q_PERIOR’s revenues from the combined banking services will grow to 40 million Euro. The new market force strives for sustainable competitiveness proofing by combining their customer bases, topics and employees.
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