Deloitte advised EOS Partners (“EOS”) on the acquisition of Schmitz RZ Consult GmbH (“Schmitz RZ Consult”), a specialist for backup monitoring and reporting software.
About the transaction
A multi-disciplinary Deloitte team successfully advised EOS‘ IT Solutions platform on the acquisition of Schmitz RZ Consult GmbH, a specialist for backup monitoring and reporting software known under the brand name BACKUP EAGLE. Through this acquisition, the IT Solutions Holding adds proprietary software products to its IT security service offering. EOS will support the management team to continue Schmitz RZ Consult’s successful growth path and further development of the software.
The Deloitte team was led by David Krüger, Transaction Services partner, supported by Sébastien Catteau and Maximilian Schäfer working together with M&A Tax led by Clemens Petersen and supported by Cornelia von Craushaar. Deloitte’s IT and software sector expertise, integrated approach and focused execution strongly supported EOS in this transaction.
With increasing threats of cyberattacks and regulatory requirements, the demand for backups and backup monitoring is growing. Founded in 1999, Schmitz RZ Consult offers its customers an holistic view on their entire backup environment. Out of Pulheim / Cologne, the Company serves a loyal customer base with over 50 global enterprise and „Mittelstand“ companies. For customers and service providers (Backup as a Service) BACKUP EAGLE offers an audit proof solution to increase quality in backup reporting and monitoring while minimizing manual efforts.
By adding Schmitz RZ Consult to the platform, IT Solutions Holding provides its customers with an end-to-end IT security approach – starting from initial security assessment to backup monitoring and disaster recovery.
IT Solutions Holding is an IT services platform established with the acquisition of mod IT Services GmbH („mod“) in May 2021. mod is a full-service provider for workplace management and IT security with over 180 employees based in offices in Einbeck, Hanover and Kassel. In March 2022, the DevSecOps, IT automation and cloud services specialist proficom AG („proficom“) has been added to the platform. proficom employs 80 specialists in their Dresden and Munich offices.
About the client
EOS is a long-term oriented private equity firm investing in midcap companies in the DACH region and taking a multidisciplinary approach to accelerate growth and increase efficiency. EOS develops category leaders with high competitiveness by providing industry expertise, strategic and operational know-how, access to a fast network and flexible capital. EOS strives to establish best practices that strengthen its portfolio companies and last well beyond its investment period. For additional information, please visit www.eoscp.com.
About Deloitte – Financial Advisory
As leading independent M&A advisors, we provide M&A deal execution and financial advisory services to private equity firms and large and mid-market corporations globally. We offer financial advice and insight at every stage of a transaction – from consideration of the strategic options to transaction execution, be it an IPO, acquisition or divestment, restructuring or fast track disposal. We pride ourselves in our independent advice to our clients.