Norvestor IX SCSp has acquired a majority stake in glueckkanja AG, a leading Cloud Managed Service Provider in the Microsoft ecosystem, aiming to capitalize on the growing demand for cloud services and cybersecurity solutions.

Target Company Overview

Norvestor IX SCSp has successfully closed an agreement with PRIMEPULSE SE to acquire a majority stake in glueckkanja AG, a prominent Cloud Managed Service Provider within the Microsoft ecosystem. The company offers a unique combination of standardized cloud managed services including Managed Workplace and Managed Azure, alongside its own Cloud Security Operations Center and proprietary SaaS solutions. glueckkanja has established itself as a leading Microsoft Public Cloud Partner in Europe, recognized multiple times as the Microsoft Worldwide Partner of the Year, with the most recent accolade awarded in 2024. The company's headquarters is located in Offenbach, Germany, where a team of 180 dedicated employees has facilitated rapid growth across the DACH region.

In 2023, glueckkanja achieved approximately EUR 30 million in sales while maintaining industry-leading profitability margins. The company's strategy includes plans for future expansion into the Nordics and other European markets, leveraging both organic growth and strategic acquisitions. Christian Kanja, the Founder and CEO of glueckkanja, expressed gratitude towards the team for their pivotal role in the company's success and highlighted the excitement of partnering with Norvestor to enhance their growth trajectory.

Industry Overview in Germany

The cloud computing industry in Germany is experiencing significant growth, driven by the increasing demand for digital transformation across various sectors. Organizations are increasingly relying on cloud solutions to enhance