EMERAM‘s portfolio company diva-e acquires Adobe expert pro!vision, strengthening its position as digital full-service provider
Munich, 20 January 2020 – diva-e Digital Value Excellence GmbH (“diva-e”), a portfolio company of private equity firm EMERAM Capital Partners (“EMERAM“) and Germany’s leading Transactional Experience Partner, has acquired Adobe expert pro!vision.
Since its foundation in 2015, diva-e has been able to steadily expand its product range through targeted strategic add-on acquisitions. With the acquisition of pro!vision, the company is now adding Adobe Experience Manager (AEM) capabilities to its Adobe expertise, thereby strengthening its position as a full-service provider of various e-business services.
Since its foundation in 2000, pro!vision has developed into one of the leading Adobe Business Partners in Germany. The software developer has 70 employees in Berlin, Frankfurt and Braunschweig and specializes in the technical conception, architecture and realization of software projects in the field of Enterprise Content Management. These include complex product and company websites, personalized intranet portals and mobile Internet presences.
Tilman Au, Co-CEO of diva-e, said: “We are pleased that a renowned Adobe specialist is joining our team, whose corporate culture fits perfectly to that of diva-e. With our joint expertise we will be able to support our customers even better in their digital transformation.”
Kai Obring,founding partner of EMERAM, added: "With the acquisition of pro!vision we are continuing our buy-and-build strategy for diva-e and reinforcing its role as a tech pioneer in the digital industry. With the bundled Adobe power, diva-e will be able to offer more holistic digital marketing solutions for companies, enabling them to remain competitive in an increasingly challenging digital world. This opens up new, attractive growth opportunities in a rapidly developing market.”
Since December 2015, diva-e has been a portfolio company of EMERAM, an independent private equity firm for medium-sized companies in German-speaking countries. EMERAM is a long-term business development partner and has supported diva-e with the consistent implementation of its growth strategy and has almost doubled diva-e’s revenues in only 4 years.
The parties have agreed not to disclose any financial details of the transaction.
About EMERAM Capital Partners
EMERAM is an independent private equity firm for mid-cap companies in the German-speaking area. Funds advised by EMERAM Capital Partners provide capital to drive the development of companies, drawing upon a fund volume of EUR 400m. Its team of experienced investment professionals currently oversees seven portfolio companies: Boards & More, Matrix42, diva-e Digital Value Excellence, Dradura, frostkrone Tiefkühlkost, Meona Group and ]init[ AG for digital communications.
EMERAM is a long-term business development partner for strong companies in selected industries. The EMERAM team combines in-depth market knowledge with operational experience in these sectors. Together, the team has successfully completed over 35 transactions and supported the development of portfolio companies by serving on over 50 advisory and supervisory boards. EMERAM Capital Partners was founded as an independent partnership in Munich in 2012.
For further information please visit www.emeram.com
As Germany's leading Transactional Experience Partner (TXP), diva-e creates digital experiences that inspire customers and drive business forward. With more than 20 years of experience in the digital industry, diva-e covers the digital value chain from strategy to technology to creation. The holistic service and product offering in the areas of Planning & Innovation, Platforms & Experiences, Growth & Performance and Data & Intelligence ensures increased sales, competitive advantages and measurably more transactions - for all target groups, devices and products. diva-e employs about 700 employees at 12 locations across Germany.
For further information please visit www.diva-e.com
With 70 employees in offices in Berlin, Frankfurt and Braunschweig, the software developer pro!vision is one of the leading Adobe Business Partners in Germany. Since its foundation in 2000, pro!vision has been focusing on the technical conception, architecture and realization of software projects in the field of Enterprise Content Management. The specialist for Adobe Experience Manager creates complex product and corporate websites, personalized intranet portals and mobile Internet presences for internationally active corporate customers.
For further information please visit www.pro-vision.de