DATAGROUP Signs Agreement to Acquire Banking Service Provider dna

DATAGROUP strengthens sector focus on operating services for banks and financial service providers with a managed service specialist for IT infrastructures and IT applications

Pliezhausen, April 30, 2021. DATAGROUP has recently signed a sales agreement to acquire 100 % of the shares in dna Gesellschaft für IT Services mbH. dna is specialized in providing services in IT infrastructures and IT applications.

The company’s expertise lies in the area of IT administration, such as network management, managed client services, application operation and user administration as well as in industry-specific technical assistance. This offering is rounded off by consulting services for integration processes to implement new systems and applications and by support services for software development processes of customers and serviced institutes.

“The acquisition is another excellent addition to our existing activities in the area of IT services for the financial services sector. We already serve numerous customers in the banking and savings bank sector. We see good synergy potential in the provision of services with dna GmbH,” comments Max H.-H. Schaber, CEO of DATAGROUP, on the acquisition. Divisional Board Member Dr. Jan Saat adds: “With DATAGROUP Financial IT Services and Portavis GmbH, we have a powerful, experienced team for comprehensive IT services in the financial services sector, which we are further strengthening with dna GmbH. This allows us to optimally support the leading IT service provider from the savings bank association in the digitalization of the German savings bank landscape.”

“We are looking forward to working with the efficient teams of dna GmbH in Hamburg, Berlin, Hanover and Oldenburg” adds Peter Schneck, Board Member M&A, Legal and Investor Relations.

dna has grown significantly over the last few years. As a preferred partner of a central IT service provider from the savings bank association, dna provides the cross-country support of the savings banks throughout Germany. “Digitization is forging ahead among banks and financial service providers”, says Oliver Schuppart, Managing Director and previous majority shareholder of dna Gesellschaft für IT Services mbH. “An efficient IT is the path to improve the profitability in the banking world, and we look forward to be an even more efficient partner for our customers in association with DATAGROUP”.

In the current fiscal year, dna will generate revenue in the high single-digit million euros. The transaction comprises 100 % of the shares. The parties have agreed to keep the purchase price confidential.

Claudia Erning
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