ACG Holding, based in Frankfurt, is expanding its service portfolio with a major acquisition. A+G connect has been active in the field of network technology for many years and has numerous well-known customers. A+G connect has been active on the market since 1996 and was founded by Rino Vincenzo Troia. In the course of a succession plan, Mr. Troia was looking for a strategic investor to continue the successful development path of recent years. The transaction was financed by the main shareholder of ACG Holding, Marondo Capital.
The ACG Group’s service portfolio in the areas of cybersecurity, DevOps and project management has already been positively complemented by the acquisition of ACG Advisors, based in Zurich. The first joint projects were launched in the first year following the transaction. ACG Advisors is also active in the cybersecurity environment and digital transformation. The network expertise of A+G connect, particularly in the area of securing network infrastructures, is an excellent fit here. In addition, the customers from the chemical industry, the construction sector and IT service providers are a good addition to the ACG Group’s existing customer portfolio.
Bilsen Basar has been with the company for many years and has been a member of the management team since 2021. She will continue to manage the independent A+G connect and continue its successful course. As technical director, Sven Herrmann will continue to take care of project management and the team of consultants. Lars Baumann from ACG Advisors and Carsten Tusch from ACG Holding will support the acquisition of additional customers and the recruiting expertise of the ACG Automation Consulting Group will ensure employee growth.
“I am looking forward to the further development of A+G Connect, which I am happy to continue supporting as an external consultant in customer projects,” reports Rino Troia.
Dr. Stefan Elßer from Marondo Capital says: “The buy and build strategy of ACG-Holding GmbH will continue in 2024. We look forward to the expansion of expertise and future collaboration.”
“For me, the value of the transaction lies in the expansion of the product portfolio and the opportunity to respond even more specifically to customer requirements,” says Bilsen Basar, summarizing the transaction.
Following the successful transaction, integration and the generation of synergy potential will now begin.