Deutsche Beteiligungs AG has successfully concluded its investment in in-tech, resulting in a sale to Infosys that reflects a return exceeding three times the original investment.

Information on the Target

In-tech, headquartered in Garching near Munich, is a leading service provider specializing in software development, testing, and validation, primarily within the automotive, rail transport, and smart industry sectors. The company focuses on cutting-edge solutions in e-mobility, connected and autonomous driving, electric vehicles (EVs), and railroad technology. Its offerings encompass system design, methodical consulting, advanced electronics platform development, and validation of automotive-specific software and hardware systems, including infotainment and experience validation.

Over the past five years, in-tech has demonstrated robust performance, recording double-digit average annual sales growth, which reflects its strong market position and the favorable macro trends influencing its target industries. This growth trajectory has positioned in-tech as a significant player in driving digitization across various sectors.

Industry Overview in Germany

The technology sector in Germany, particularly in IT services and software development, has experienced significant growth, fueled by increasing demand for digital transformation across industries. As businesses strive to enhance operational eff