Houlihan Lokey Advises MAIT

Houlihan Lokey is pleased to announce that MAIT, a leading digital transformation services partner for middle-market companies and a portfolio company of 3i, has agreed to be acquired by Deutsche Beteiligungs AG (DBAG).

MAIT is an end-to-end digitalisation services partner for the manufacturing industry, headquartered in Rottweil, Germany. The company operates more than 25 locations in Germany, Austria, Switzerland, and the Benelux region, where it employs 900 people and serves around 7,000 clients, focusing on middle-market manufacturing companies. MAIT’s integrated solution portfolio, consisting of product lifecycle management (PLM) and enterprise resource planning (ERP) software and IT services, forms a comprehensive offering along the entire value chain. MAIT has strong relationships with leading PLM and ERP vendors, PTC, Siemens, and Abas. Its services enable the customer to become a future-proof, efficient, and transparent model-based, data-driven company.

3i is a leading international investment manager focused on middle-market private equity and infrastructure. Its core investment markets are Northern Europe and North America.

DBAG has been listed since 1985 and is one of the most renowned private equity firms in Germany. The company traditionally focuses on middle-market companies in Germany, Austria, and Switzerland, especially well-positioned companies offering growth potential.

Stefan Niehusmann, CEO of MAIT, said, “Having DBAG by our side means we can count on an experienced partner who understands our business model and will help us continue our steady long-term growth. We have already successfully integrated 24 company acquisitions. DBAG’s expertise will now open up new possibilities for rolling out our platform internationally and offering our customers even more wide-ranging solutions.”

Michael Specht, Partner at 3i, said, “We are proud of what has been achieved with MAIT over the past four years. The company has established itself as a leading platform in IT services for mid-market customers, delivering strong growth both organically and through acquisitions. The management team’s ambition and execution have been central to this success, and we are confident MAIT will continue to flourish in its next phase with DBAG.”

Jannick Hunecke, member of DBAG’s board of management, said, “MAIT is a leading digital transformation partner for the industrial middle-market sector and a perfect fit for our portfolio, in which companies from the IT services and software sector now account for more than 20%. MAIT combines in-depth and holistic process know-how with excellent technological expertise, and a significant part of its revenue is recurring. We will support MAIT’s management team to model the next phase of growth.”

Houlihan Lokey acted as the exclusive sellside advisor to MAIT and 3i.

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