Adesso SE has fully acquired adesso business consulting AG and KIWI Consulting for 27 million euros, enhancing its market position and operational efficiency in the growing IT services sector.

Target Information

Adesso SE, a prominent player in the IT services sector, has continued to benefit from strong demand driven by the ongoing digital transformation across various enterprises and organizations. The public administration sector remains the most lucrative area of business for adesso, achieving impressive revenue growth of 12% in 2024, surpassing 200 million euros for the first time. This positions it to closely rival the 'Cross Industries' segment, which encompasses various industries. Significant revenue growth was also observed in healthcare, with a 44% increase, as well as utilities, which saw a 41% uptick.

Furthermore, adesso’s core sectors, particularly insurance and banking/financial services, maintained robust performance with growth rates of 5% and 6%, respectively, each exceeding 150 million euros in revenue.

Industry Overview in Germany

The IT services industry in Germany is undergoing significant transformation fueled by digitalization trends, particularly as public institutions increasingly seek innovative solutions. As organizations in the public sector embrac