The AXAITRA Group has acquired LM IT Services AG to enhance its cloud and AI solutions, expanding its services portfolio and market presence in Europe.

Information on the Target

The AXAITRA Group, a swiftly expanding pan-European IT services organization, is pleased to announce the acquisition of LM IT Services AG, a seasoned provider of IT solutions based in Osnabrück, Germany. Founded in 1994 by Marc Liepe and Manuel Mummert, LM IT has transitioned from an IT training provider to a reputable managed services provider boasting around 125 employees. The company offers a diverse array of IT services, including technology consulting, software development, process automation, AI solutions, and modern workplace consulting, positioning itself as a trusted advisor in the industry.

LM IT's long-standing partnership with Microsoft, its commitment to training, and its client-centric approach have paved the way for a legacy of successfully guiding thousands of IT professionals and executing numerous consulting projects. As part of the AXAITRA Group, LM IT will contribute its expertise in AI and automation, enhancing the cloud and AI services portfolio available to clients and partners throughout Europe.

Industry Overview in Germany

The IT services sector in Germany is experiencing notable growth, driven by an increasing demand for digital transformation across various industries. Businesses are recognizing the necessity of enhancing their technological capabilitie