Econocom Group Acquires Majority Stake in ICT AG
Deal News | Aug 18, 2025 | Legal Community Germany
Econocom Group, a leader in supporting businesses with digital transformation, has acquired a majority stake in ICT AG through its German subsidiary Econocom Deutschland Holding. The deal involved buying shares from BWK GmbH Unternehmensbeteiligung, the previous shareholder. ICT AG, known for its live communication and media technology services, will continue to operate as an independent company in the Econocom Group's portfolio. The executive board of ICT, consisting of Christian Pusch and Erik Wolff, will retain their stakes and continue managing operations. The international law firm LARK, with key figures such as Dr. Daniel Epe and Chiara Niestroj, provided advisory services to Econocom. Key in-house figures driving the transaction on behalf of the Econocom were Jerome Lehmann, Benjamin Pehau, Thomas Maurer, and Christoph Blser. The transaction signifies Econocom's strategic expansion in digital services, leveraging ICT AG's expertise in media technology. Econocom's diverse offerings span across 16 countries, boasting revenues of 2.7 billion Euros in 2024.
Sectors
- Digital Transformation
- Media Technology
- Corporate Finance and M&A Advisory
Geography
- Germany – Econocom Deutschland Holding, part of the Econocom Group, is based in Germany and facilitated the acquisition.
- Belgium – The Econocom Group is listed on Euronext Brussels, indicating the company's primary listing location.
Industry
- Digital Transformation – Econocom Group assists businesses with digital transformation, which is central to the transaction involving ICT AG.
- Media Technology – ICT AG specializes in live communication and media technology, which aligns with Econocom's strategic service expansion.
- Corporate Finance and M&A Advisory – LARK, a legal advisory firm, guided the transaction procedure, showcasing the industry's role in M&A activities.
Financials
- 2.7 billion – Econocom's revenue in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Econocom Group | Bidding Company | Company | An international group that provides digital transformation services across 16 countries. |
| ICT AG | Target company | Company | A company specializing in live communication and media technology services. |
| BWK GmbH Unternehmensbeteiligung | Selling Company | Company | Previous shareholder of ICT AG. |
| LARK | Legal Advisor | Company | Provided comprehensive legal advice to Econocom Group on the acquisition. |
| Dr. Daniel Epe | Legal Advisor | Person | Worked on the corporate/M&A aspects of the acquisition for LARK. |
| Chiara Niestroj | Legal Advisor | Person | Worked on the corporate/M&A aspects of the acquisition for LARK. |
| Jrme Lehmann | General Counsel M&A/Head of Corporate Affairs | Person | Managed the transaction in-house for Econocom Group. |
| Benjamin Pehau | Head of M&A | Person | Managed the transaction in-house for Econocom Group. |
| Thomas Maurer | CFO Germany | Person | Participated in handling the transaction for Econocom. |
| Christoph Blser | General Manager Germany & Poland | Person | Part of the team that managed the transaction for Econocom. |