Evora IT Solutions Becomes Part of Allgeier Group
23 November 2021
Almost exactly 10 years after founding Evora IT Solutions, Evora’s management has taken another major step forward. After an exhaustive search for a suitable partner to expand the growth of the international Evora corporate group, a purchase agreement with Allgeier SE for the acquisition of a majority stake in Evora was signed. As part of the transaction, Evora’s four founders will hold a 40 percent stake in Evora as entrepreneurs and will continue to shape the future of the company.
Evora values are retainedCustomers benefit from a broader software and service portfolio
“With our organization and our Evorians spread around the world, we are pleased to henceforth be part of a high-growth group that is excellently positioned in the market,” say the founders and shareholders of Evora unanimously. Evora’s customers will continue to receive the same exceptional delivery of their projects and support services from the same talented Evorians they have relationships with today. The common goal of both Evora and Allgeier is to guide their clients through the challenges of digital transformation to ensure their future success.
Allgeier is one of the leading experts in the digital transformation of business models and mission-critical processes, serving many well-known customers in the public sector and private industry. By implementing best-practice solutions for innovative digital maintenance and service operations while optimizing their processes, we help our customers to be successful in tomorrow’s world. Allgeier will support Evora in its value driven and independent growth path and allow our customers access to additional experts and services.
With Evora, we are gaining for Allgeier a specialized and fast-growing consulting and software company and a leading solution provider for mobility, planning and scheduling. Evora addresses important areas of need among customers and combines in-depth project and implementation expertise with consistently excellent service. At the same time, Evora is promisingly positioned in the future field of digitization of energy suppliers in order to participate in the “Energiewende” (energy transition) in the course of global CO2 reduction.
We are particularly pleased to gain a successful entrepreneurial team and around 200 highly qualified SAP specialists and software developers on four continents for our Group. With the engineering and service center in Bangalore we significantly strengthen our competence and scalability in high-end software development. Evora is thus another milestone for Allgeier in the expansion of its business towards an international digitization and IT solutions provider.
Allgeier SEStrong partner for the future
Allgeier is a specialized software and IT services provider for the digital transformation of business models. As a reliable partner, Allgeier supports more than 2,000 customers from the public sector, globally operating corporations, and market and industry leaders in the digitization and strategic development of their business-critical processes with a team of over 3,000 software and IT specialists.Read Press Release