emagine to acquire Allgeier Experts
Allgeier Experts is a leading provider of personnel and project solutions, specialising in IT and engineering services. Established as part of the listed Allgeier group, the company has over 30 years of experience in the industry and has completed more than 50,000 projects for around 700 clients across various sectors. Allgeier Experts offers a comprehensive range of services, including recruitment and placement of freelance professionals, temporary staffing, and full-service outsourcing solutions.
emagine, formed in 1994 as ProData Consult, is a leading provider of high-end business and IT consultancy services in Europe, engaging over 4,700 consultants and with a generated revenue of EUR 480 million in 2023.
emagine employs a hybrid model that combines top-tier freelancers and carefully selected permanent employees, designed to provide scalable, flexible, and high-quality business and IT consulting services to emagine's customers.
The strategic acquisition of Allgeier Experts is expected to create strong synergies and effectively accelerate emagine's growth in the German market, marking a significant milestone in emagine's mission to expand its high-end consulting services offering across Europe and solidify its presence in Germany.
Axcel is a leading Nordic private equity firm with a total committed capital of more than EUR 4.1 billion across seven funds.
The transaction is subject to customary regulatory approvals and is expected to close by the end of 2024.
Plesner's core M&A team on the transaction was Henrik Rossing Lønberg, Kristian Vinter Bisgaard and Isolde Hede Søe.