]init[ Expands with Acquisition of HBSN Group
Deal News | Feb 04, 2025 | Emeram Capital Partners GmbH
EMERAM Capital Partners' portfolio company ]init[ AG has acquired HBSN Group to expand its digitalization service offerings into the healthcare sector. The acquisition positions ]init[ as a leader in digital solutions for public administration and healthcare in Germany. Through this acquisition, ]init[ brings over 1,500 employees in 18 locations and enhances its service offerings in AI, IT security, and cloud platforms, benefiting from HBSN Group’s expertise in the digital transformation of healthcare. The move is seen as a strategic alignment to address Germany’s challenges in digital reform in regulated markets. Both firms were aided by various legal, strategic, and financial advisors.
Sectors
- Digital Transformation
- Healthcare
- Private Equity
Geography
- Germany – The acquisition of HBSN Group by ]init[ AG is focused on expanding services in the German healthcare and public administration sectors.
Industry
- Digital Transformation – The article discusses ]init[ AG's acquisition of HBSN Group to expand their digital services into healthcare and public administration in Germany.
- Healthcare – HBSN Group is a specialist in digital transformation within the healthcare sector, and the acquisition significantly expands ]init[ AG's healthcare client base.
- Private Equity – EMERAM Capital Partners and Rivean Capital are significant financial backers involved in facilitating the acquisition strategy.
Financials
- Confidential – The purchase price of HBSN Group was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ]init[ AG für digitale Kommunikation | Acquiring Company | Company | A digital communication company expanding its services into healthcare by acquiring HBSN Group. |
| HBSN Group | Target Company | Company | A digital transformation specialist within the healthcare sector, acquired by ]init[ AG. |
| EMERAM Capital Partners GmbH | Private Equity Backer | Company | A private equity firm supporting ]init[ AG in the strategic acquisition. |
| Rivean Capital | Private Equity Backer | Company | A private equity firm alongside EMERAM Capital Partners facilitating the growth of ]init[ AG. |
| Harald Felling | CEO of ]init[ AG | Person | The CEO commenting on the strategic importance of the acquisition. |
| Tobias Niemann | Founder of HBSN Group | Person | Founder of the acquired company, highlighting the strategic fit with ]init[ AG. |
| Matthias Wilcken | Senior Partner at Rivean Capital | Person | Senior partner commenting on the acquisition's significance. |
| Dr. Ruprecht Puchstein | Principal at EMERAM Capital Partners | Person | Principal at EMERAM Capital Partners, commenting on the strategic move. |