Press & News

August 19th 2019 - Press Release

EMERAM Capital Partners invests in ]init[, the leading provider of Digital Transformation Services for the Public Sector

Munich, 19 August 2019 – EMERAM Capital Partners (“EMERAM”), a Munich-based private equity company focused on medium-sized companies in the DACH market, acquired a stake in ]init[ AG for digital communications (“]init[“), a leading German provider of digital transformation services. Dirk Stocksmeier, Chief Executive Officer and founder of ]init[, will continue to hold a significant stake in the company.

For more than 20 years, ]init[ has been an active initiator and architect of digital transformation solutions for the public sector, industry and banks. ]init[ pursues a one-stop full-service approach along the entire digital transformation value chain through a unique offering of digital agency and consulting services, as well as the  operation of web services and infrastructures.  The company designs and implements IT services and digital communication solutions for public institutions and private companies. ]init[‘s offering includes the development and implementation of digitization strategies; the creation and operation of websites and portals; consulting services in the areas of IT strategy/IT security and the operation of data centers, clouds and IT managed services. The company was founded in 1995 by Dirk Stocksmeier. At its headquarters in Berlin and its offices in Cologne, Mainz, Munich, Hamburg, Delhi and Brussels, ]init[ employs a total of more than 500 people.

Dirk Stocksmeier, Chief Executive Officer of ]init[, sees the company as an important initiator of the digitization of public administration and the economy: "We have made it our mission to accompany our customers in their digitalisation journey and to put them in a position to actively use the opportunities of digital changes. With EMERAM, we have found an experienced and long-term orientated partner who can support us in further expanding our service portfolio for our customers.”

Harald Felling, Chief Operating Officer of ]init[, added: "Our goal is to strengthen the existing business areas and to advance the digitization of administrative processes of public institutions as well as private companies. EMERAM has extensive experience and expertise in supporting the growth strategies of successful medium-sized companies and also offers us access to a diverse network that is at our disposal for the further development of ]init[.”

Kai Obring, Senior Partner at EMERAM, commented: "]init[ is a rapidly growing company with an outstanding positioning in an attractive growth market. In the areas of software technology and digital services, we already have extensive expertise through existing investments and can therefore support ]init[ in its further development.”

Fabian Furtmeier, Associate Partner at EMERAM, added: "With our investment, we want to drive the successful development of the company together with the experienced management team of ]init[ by expanding the existing customer base, further developing the product strategy and expanding into adjacent markets.”

]init[ will continue to be led by the experienced management team headed by Dirk Stocksmeier and Harald Felling, who will drive the growth strategy forward in the next phase of the company's development

EMERAM was advised by Noerr (Legal & Tax), PwC (Financial), strategy& (Commercial), Quarton (Debt Advisory) and Willis (Insurance). ]init[ was advised by Drake Star Partners (Exclusive Financial Advisor) and TaylorWessing (Legal).