CORVEL advised the founders of initions GmbH on the sale to Mindcurv GmbH.
initions GmbH implements projects in the field of analytical data processing and is an integration partner of leading providers such as Microsoft, Snowflake and Databricks. Over the past 20 years, the 65-strong team has implemented solutions in a wide range of industries in the upper mid-market and corporate groups. The portfolio ranges from traditional data warehouse and business intelligence approaches to big data, IoT, data lake and self-service BI solutions to cloud data platforms and artificial intelligence methods.
Mindcurv GmbH is active in the field of commerce platforms and cloud infrastructures and develops digital solutions for processes and user experiences. The company was founded in 2011, has its headquarters in Essen and 10 different German and other international locations, employing a total of 520 people.
With the acquisition of initions, Mindcurv continues to grow in cloud, commerce and data and intends to expand its services to cover the entire digital customer journey using modern technologies, cloud infrastructures and processes.
In a parallel transaction, initions carved out its OPHEO business unit and sold it to the Solvares Group with its lead investor Deutsche Beteiligungs AG.
Advisors Founders initions GmbH
CORVEL (Hamburg): Dr. Felix Brammer (Corporate, lead);
Tobias Brandenburg (Corporate)
Hamburg, 16 December 2021