St. Ingbert / Rastede – Ignite Group expands its portfolio with the acquisition of embeteco GmbH & Co. KG
Ignite Group, a leading full-service funding consultancy company backed by the Private Equity Investor SilverTree, is proud to announce the acquisition of embeteco GmbH & Co. KG, a renowned company specializing in ZIM networks and digital transformation. This strategic acquisition underlines Ignite Group’s growth ambitions in the funding sector and expands the range of services offered to its clients.
Synergies and benefits
The acquisition of embeteco offers significant synergies that will benefit Ignite Group’s clients while giving embeteco’s clients access to new services. By combining Ignite Group’s in-depth expertise in Forschungszulage and national and international funding programs with embeteco’s strengths in ZIM networks and digitalization, both companies offer their customers a comprehensive full service.
Dr. Benjamin Hötzer, Managing Director of Ignite Group Germany, explains: “With the integration of embeteco into the Ignite Group, we are creating the opportunity to offer our customers even more comprehensive solutions in the field of innovation promotion. ZIM networks offer SMEs a strategic implementation of development projects as well as added value through cooperation with renowned research institutions. This acquisition is a significant step in the Group’s strategy to become the leading provider of funding consultancy in Europe.”
“We are delighted to become part of the Ignite Group,” emphasize Matthias Brucke and Michael Kalt, founders of embeteco. “By joining forces with the Ignite Group, we can offer our customers an even broader range of services and benefit from the Group’s expertise and resources. This enables us to grow and provide our customers with optimal support in the realization of their innovation projects.” Matthias Brucke and Michael Kalt will continue to play an active role in the Ignite Group and contribute their expertise for the benefit of customers.
Nicholas Theuerkauf, Founder and Managing Partner of SilverTree Equity: “embeteco further expands Ignite Group in the German market following the company’s acquisition of DORUCON, a fast-growing innovation consultancy specialising in Forschungszulage. embeteco adds market leading capability in ZIM networks, an attractive adjacency which bolster’s Ignite full-service offering to customers and represents a significant growth opportunity”
Future plans
Ignite Group plans to integrate embeteco’s strengths into its existing structures in order to further increase the quality of its services and develop new innovative solutions. embeteco’s customers will benefit from the Ignite Group’s expanded resources, broad-based team and international network.
Henk Heerink, Managing Director Ignite Group: “The acquisition of embeteco is another milestone in our growth strategy and the second acquisition in Germany. We look forward to integrating embeteco’s expertise into our portfolio and providing our customers with even more comprehensive support.”
About Ignite Group
Ignite Group is an international funding consultancy group that offers a unique combination of digital solutions and funding consultancy with 10 locations across Germany and the Netherlands. With a team of 230 highly qualified and specialized employees, Ignite Group supports companies and municipalities in identifying, applying for and managing funding projects at regional, national and EU level.
About embeteco
Embeteco is a leading company in the field of digital transformation, innovation management and funding acquisition and supports companies and municipalities in topics related to digitalization and innovation management. With a strong focus on sustainable, digital innovations, embeteco plays an important role in the acquisition of funding for medium-sized and large companies as well as public institutions.
About SilverTree Equity
SilverTree Equity is a sector specialist private equity firm. SilverTree invests exclusively in software, technology, and technology-enabled businesses. The firm is differentiated by its focus on value creation, sector specialism, and deep network of operational resources and industry relationships. The SilverTree team has successfully completed or been involved in over 75 transactions.
For further information, please contact at [email protected]
