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Investor Relations
Allgeier SE: IT project and personnel services expert networker boosts Allgeier Experts

05/07/2015

Munich, 07.05.2015 – Allgeier SE (ISIN DE0005086300, WKN 508630) has strengthened the Allgeier Experts Division and agreed the acquisition of 100 percent of the shares in networker Projektberatung GmbH based in Kronberg im Taunus. The transaction is expected to be completed within the next few days. networker offers specialised end-to-end IT personnel and project services and has long-term customer relationships with major national and international companies as well as high-end SMEs.

The company, which was founded in 1998, is specialised in professionally consulting, structuring and managing projects using the sourcing and out-tasking, optimisation, standardisation and automation of IT services and operations as well as providing experts and IT solutions. The company relies on a high-quality network of IT specialists and its implementation expertise gained via a wide range of critical projects. networker has achieved substantial growth over the past few years. In the financial year 2014, the company posted total operating revenue of 35 million euros.

This investment sees Allgeier Experts strengthen its position as one of the leading IT project and personnel service providers in the German-speaking world and also expand its expertise in the fields of IT consulting, IT personnel services and managed IT services. Thanks to networker’s excellent customer access, Allgeier Experts is also extending its expertise in the high-growth service market for the banking and finance sector. In turn, networker will benefit from the resources of the Allgeier Group in terms of the sales, recruiting and service portfolio within the Allgeier Experts Division.