Equiteq advises the owners of leading telecoms consultancy Allolio&Konrad on its sale to Analysys Mason Limited
Equiteq, the leading M&A advisory firm for companies in the knowledge economy, is pleased to announce that it has advised the owners of Allolio&Konrad, a leading Germany-based telecoms specialist consultancy, on the sale to Analysys Mason Limited, a subsidiary of Datatec Limited.
Based in Bonn, Germany, Allolio&Konrad is a leading partner to Europe’s telecoms operators and has an extensive track record in the telecommunications industry. Its key services include the design, management and assurance of major business support systems (BSS) and operational support systems (OSS) transformation programmes and large-scale, multi-year IT strategy initiatives, alongside solutions focused on performance and operations management. In recent years, Allolio&Konrad has also successfully supported business and IT transformations within the German banking and utility sectors. Allolio&Konrad has 45 permanent employees.
Peter McMenemy, Managing Director of Allolio&Konrad, said, “We are very excited to be joining Analysys Mason as this will significantly strengthen our offerings as our transformation and consulting capabilities will embed seamlessly with Analysys Mason’s deep telecoms industry expertise. Furthermore, being able to access Analysys Mason’s global research and insights will allow us to support our clients’ strategic priorities and ensure the best possible outcomes for them.”
Sohail Ahmad, Managing Director at Equiteq, commented: “We are very pleased with the outcome for our client and the Allolio&Konrad team. Their sector expertise and long-term client relationships will facilitate accelerated growth via Analysys Mason’s complementary footprint. They are well positioned to continue enhancing their reputation for delivering exceptional results for Europe’s leading telecom operators.”
The acquisition is subject to the approval by the German Competition Authorities and is expected to be finalised in March 2020.
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