Buy-Side | Software Development & IT Services : ARTHOS Advises Data Respons on its Acquisition of DONAT group

Strengthening Data Respons’ position within software development and industrial digitalisation
Data Respons had engaged ARTHOS as its M&A advisor to identify strategic partners. The focus was on companies in the fields of software development and the digital transformation of industrial enterprises.

ARTHOS berät Data Respons bei der Übernahme der DONAT group

Exclusive Financial Advisor
in the Buy-Side M&A Process

ARTHOS served as the exclusive financial advisor to the owners of Data Respons throughout the entire buy-side M&A process. This included:

  • Development of the acquisition strategy
  • Conducting a comprehensive screening process
  • Analysis of more than 30 potential strategic partner companies (LOI)
  •  Execution of the M&A process, including financial advisory services as well as coordinating due diligence and contract negotiations
Arne Toedt Contact Image

Arne Tödt

Managing Partner ARTHOS
Expert in Digital Services & Software

The Transaction: Data Respons Acquires DONAT group

Data Respons ASA has today signed an agreement to acquire 100% of the shares in DONAT group GmbH (“DONAT”), a German R&D Services company headquartered in Ingolstadt with more than 140 employees. The company is a leading niche provider of SW solutions and specialist services within software development and architecture, system integration and test management as well as business critical R&D IT services (DevOps).

Our Client: Data Respons, Norway

Data Respons (1,400 employees and NOK 1.9bn revenue) is a leading technology company delivering R&D engineering services, software and hardware development, smarter embedded and IoT solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Transport & Automotive, Industrial Automation, Telecom & Media, Space, Defense & Security, Medtech, Energy & Maritime, and Finance & Public Sector. It has offices in Norway, Sweden, Denmark, Germany, France and Taiwan. Since 2020 Data Respons is a subsidiary of AKKA Technologies SE (22k employees and EUR 1.8bn revenue), a globally operating engineering and technology consulting group based in Brussels, Belgium, and listed on the EURONEXT stock exchange.

„With this transaction, we continue to strengthen our position in Germany, the largest industrial market in Europe and strategically important for Data Respons. Digitalisation and connection of vehicles, transformation of powertrains, increasing environmental- and security requirements are challenging the automotive industry to innovate at a faster pace than before. In order to keep up, the industry is investing heavily in advanced software and data-driven tools supporting an efficient development and testing of new platforms. DONAT’s deliveries are highly specialised software services and represents a business-critical part of the customer’s development process for some of Germany’s leading automotive brands”,  says Kenneth Ragnvaldsen, CEO of Data Respons.

„We are pleased to welcome DONAT group into the Data Respons family. We have identified already several synergies with our German group companies in relation to both customer structure and competence sharing. Together we are better equipped to become a complete technology partner for our customers and contribute to the more automated, digitalized and connected solutions”, Ragnvaldsen concludes.

Logo Data Respons

Strategic Partner: DONAT group, Germany

Founded in 1980, DONAT group is a German R&D Services company headquartered in Ingolstadt with more than 140 employees. The company is a leading niche provider of software solutions and specialist services within software development and architecture, system integration and test management as well as business critical R&D IT services (DevOps).

„We are looking forward to becoming part of Data Respons. We share the same technology profile and culture. Both companies provide specialist services and develop niche software solutions in close cooperation with our industry leading customers. At DONAT, we focus on recruiting the best talents with a passion for technology and working in multidiscipline teams”, says Hans Donat jr., CEO of DONAT group.

Donat Group Logo

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