Context

Evora is a German headquartered, fast-growing Global IT Services and solutions provider with employees across India, the US, Canada, Austria, Brazil, and Canada.

In 2021, the shareholders & founders of Evora mandated Bryan, Garnier & Co to find a suitable partner to explore options to drive accelerated growth and future expansion of the company. Bryan, Garnier & Co acted as Sole Financial Advisor to the shareholders & founders of Evora on the sale of the company. Bryan, Garnier & Co supported the shareholders & founders in evaluating strategic options, preparing transaction documentation, managing the deal process, evaluating buyers and offers, coordinating due diligence, and negotiating transaction contracts.

With the acquisition, Allgeier, a global leader technology services and digital transformation, gains a successful entrepreneurial team, significantly strengthens its competence in SAP consulting and implementation, and obtains significant access to attractive customers, especially in Europe and the US. Gregor Bender, Managing Director and Co-Founder of Evora, commented “we are extremely pleased to be joining forces with Allgeier. We think this partnership will be great for our clients and our team, and we are excited about the opportunities this partnership creates in our major markets and company locations. This strategic union will accelerate our growth, enhance our capabilities, and extend our services. All in all, we achieved an outstanding result for both our customers, Allgeier and the Evora team”.

About Evora Group

Evora is a fast-growing company specializing in SAP, ServiceNow and Salesforce IT consulting services, with proprietary software modules for SAP, that supports its customers in the end-to-end digitization of business processes. Founded in 2011 with more than 190 people across Germany, the US, India, Austria, Canada and Brazil. It has accumulated a strong niche expertise in digital maintenance, field service management and mobile workforce management and provides leading enterprise customers with the optimal services and solutions to digitize their business processes. Evora's specialists have successfully completed many strategic projects for its diversified global customer and currently operates in several rapidly growing industry sectors, including education, chemicals, life sciences, pharmaceuticals, and utilities

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About Allgeier

Allgeier SE is one of the leading technology companies for digital transformation: The fast-growing group with headquarters in Munich guides its clients through the challenges of digital transformation to ensure their future success. Allgeier has a broad and stable customer base of globally operating corporations, high-performance medium-sized companies, and public sector clients. Allgeier offers its more than 2,000 customers a fully comprehensive IT and software services portfolio, ranging from high-end software development to business efficiency solutions to support the digitization and transformation of business-critical processes. The Enterprise IT and management technology partners segments employ more than 2,500 salaried staff and around 700 freelance experts in a total of 71 offices in the DACH region, France and the Czech Republic, as well as in the USA and Vietnam

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Maurice Harbison

Investment Banking

Martin Eichler

Investment Banking

Martin Eichler photo

Felix Straeussl

Investment Banking

Felix Straeussl photo

Deal Team

Should you want to know more about this transaction, you can contact one of the team members above

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