Today, diva-e, the leading Digital Experience service provider, announced it has entered into a definitive agreement to join forces with Dutch Business Transformation and IT service provider Conclusion. Together, Conclusion and diva-e become a strong challenger in the West European market for end-to-end digital business transformations. Conclusion is committed to actively support diva-e in their next phase of organic growth and strategic reinforcements.
Over the past decade, Conclusion has built a successful business transformation and IT services company in the Netherlands and a strong nearshore organization (OneShore) in Portugal, Spain and South Africa. The company has become a market leader, with an ecosystem of over thirty expert companies and a turnover of about €500 million in 2023. Conclusion is determined to be a strategic European partner for enterprises, local heroes and public institutions across borders, in response to growing demand from the installed customer base. The establishment of an equally strong ecosystem in Germany as in the Netherlands, is an important next step towards reaching that goal.
diva-e has become a renowned name for end-to-end Digital Experience solutions in the DACH-market, with more than 800 digital experts and a turnover of nearly 100 million in 2023. The company has a strong coverage of leading CX technologies (e.g. Adobe, Salesforce, SAP, Spryker, Scayle and Pimcore). The client base consists of many blue-chip enterprise companies such as ALDI SÜD, Allianz, Bentley, E.ON, ZF Friedrichshafen and FC Bayern München.
Customers of both organizations benefit from a host of opportunities, as a direct result of this significant expansion of Conclusion’s ecosystem: By combining the technical expertise and partnerships of diva-e and Conclusion Experience (formerly 4NG Conclusion), a cross-border powerhouse for Digital Experience solutions is created. Furthermore, diva-e and Conclusion will offer international delivery and account management with a strong full-service portfolio and access to a sizeable mixed shoring talent pool in Europe and South Africa.
Engbert Verkoren, CEO at Conclusion Group, comments: "In the Dutch market, we support clients across the board with our strongly composed services portfolio and helped by a substantial capacity expansion through nearshoring from Portugal, Spain and South Africa. To ensure similar business impact for customers in all our European key markets, we start today with the establishment of a strong Conclusion ecosystem in Germany with full-stack services, starting with end-to-end digital experience services of diva-e, who will lead this initiative.”
“We felt an exceptionally strong chemistry. Like us, diva-e management has an entrepreneurial and pragmatic culture with customer centricity at the heart of the organization. diva-e can accelerate its growth ambition while safeguarding its autonomy, leadership and unique culture.“
“Joining Conclusion’s ecosystem marks the start of a new chapter in our growth story for diva-e,’ explains diva-e CEO Tilman Au. “As a result, we are well positioned to achieve our long-term growth targets, to expand our service portfolio in the interests of our customers and to significantly increase our international sales, particularly in Central Europe.” diva-e CCO Sirko Schneppe adds: “Together, we will create an even more comprehensive, complementary CX offering for our customers. They will especially benefit from the synergies that we can leverage when it comes to Conclusion’s nearshore capabilities.”
Subject to customary closing conditions and attainment of regulatory clearances, the acquisition is expected to close in Q2 of 2024.
With a revenue of nearly 100 million euros in 2023 and more than 800 employees, diva-e is one of the leading digital service providers in Germany. With over 20 years of full-service experience, diva-e covers the entire digital value chain of businesses, from planning and project design to implementation, operation, and maintenance. This results in digital experiences that lead to both financial and communicative transactions. diva-e collaborates with globally renowned technology partners such as Adobe, SAP CX, Salesforce, Microsoft, Spryker, Bloomreach, and Scayle. Their clients include well-known German and internationally operating companies like ALDI SÜD, EDEKA, E.ON, Carl Zeiss, dmTECH, ZF Friedrichshafen, and Bentley. Operating strongly in Germany as well as internationally, diva-e is present at a total of ten locations in Germany, Bulgaria, and the United States.
Further information can be found at www.diva-e.com
Conclusion Group is a European IT service provider that operates as a bridge builder between strategy, business and technology, with more than 3.900 employees in Europe and South Africa and a revenue of about 560 million euros in 2023. The company has its origin in the Netherlands and is distinguished by its ecosystem of over 30 expert companies in the field of business transformation and IT services. Each of these companies is an authority in its own field. Together they accompany mid-sized to large enterprises, local heroes and public institutions on their respective digital journeys to tomorrow. Conclusion takes on responsibility for mission-critical company processes and systems as well as company processes and systems that are vital to society, in the heart of society.
Further information can be found at www.conclusion.nl
For further information, please contact:
diva-e-Group - Germany
Katrin Menzel
Marcommit – Netherlands
Pien Aldenzee
+31612771251