Renowned company in the German market
With over 800 digital experts and a revenue of nearly 100 million euros in 2023, diva-e is a well-known name in the field of end-to-end Digital Experience solutions in the DACH market. The company offers a comprehensive portfolio of CX technologies in the areas of CMS and e-commerce, such as Adobe, Salesforce, SAP, Spryker, Scayle, and Pimcore. The client base includes many blue-chip companies such as ALDI SÜD, Allianz, Bentley, E.ON, ZF Friedrichshafen, and FC Bayern Munich.
Conclusion wants to be a strategic European partner for enterprises, local heroes, and government institutions operating beyond national borders. This responds to the growing demand from the existing client base. Establishing an equally strong ecosystem in Germany as in the Netherlands is an important next step to achieve that goal.
As a direct result of the expansion of Conclusion's ecosystem, clients of both organizations benefit from new business opportunities. By combining the technical expertise and existing partnerships of diva-e and Conclusion Experience (formerly 4NG Conclusion), an international top player for Digital Experience solutions is created. Moreover, diva-e and Conclusion offer an international delivery structure and cross-border customer service with full-service solutions and access to a large mixed-shoring talent pool in Europe and South Africa.
Engbert Verkoren, CEO of Conclusion Group, says: "In the Dutch market, we support clients across the full spectrum of business transformation and IT services with our strong and well-balanced portfolio and thanks to a significant capacity expansion through nearshoring from Portugal, Spain, and South Africa. To ensure that clients in all our European core markets receive similar support and impact, we are laying the foundation today for a strong Conclusion ecosystem in Germany with full-stack services, starting with the end-to-end Digital Experience services of diva-e."
"The connection between Conclusion and diva-e is particularly strong. Like us, diva-e has an entrepreneurial and pragmatic culture where customer focus is central. Thanks to the collaboration, diva-e can accelerate growth while maintaining its autonomy, leadership, and unique culture."
"Joining the Conclusion ecosystem marks the beginning of a new chapter in our growth story," says diva-e CEO Tilman Au. "It means we are optimally positioned to achieve our long-term goals of significantly expanding our service portfolio and increasing international revenue, especially in Central Europe." diva-e CCO Sirko Schneppe adds: "Together with Conclusion, we are able to offer our clients an even broader, complementary customer experience. They can directly benefit from the synergy advantages related to Conclusion's extensive nearshore capabilities."
Subject to customary closing conditions and obtaining regulatory approvals, the acquisition is expected to be completed in the second quarter of 2024.
