Houlihan Lokey Advises Auctus

Houlihan Lokey is pleased to announce that AUCTUS has sold its stake in Dataciders, one of the leading providers of data and analytics services in Germany, to Rivean Capital. The transaction was completed on 31 January 2024.

Dataciders is a leading data and analytics domain expert headquartered in Dortmund, Germany. The group has more than 500 employees providing end-to-end digitalization services for enterprise customers. Dataciders offers a broad range of services, including data strategy, data science, preprocessing of data for AI applications, software engineering, data management, business intelligence, and analytics. In the most recent Lünendonk List, Dataciders ranked second among data and analytics specialists in the DACH region.

With more than 400 transactions completed since 2001, AUCTUS is a leading private equity investor for European SMEs. AUCTUS focuses on taking controlling interests in companies with annual revenues of €10 million to €150 million within the scope of succession solutions, buy-and-build concepts, and corporate carve-outs. The company has more than 35 experienced investment specialists currently looking after 47 platform investments from diverse segments and with total annual revenues of over €2 billion.

Rivean Capital, a European private equity firm, and the management team of Dataciders have agreed to acquire the latter from investment funds advised by AUCTUS. The goal of the partnership is to provide the group with capital and strategic expertise for the next phase of its growth and to establish it as the segment leader in the German-speaking region (DACH).

Houlihan Lokey served as the financial sellside advisor to AUCTUS and the founders, supporting all aspects of the transaction, including creating marketing documents, coordination of due diligence, and SPA negotiation. Financial details were not disclosed.