23 May 2022
Puls Biznesu: Inetum jumped several years ahead thanks to the acquisition
comment
Law
The beginning of the year is one of the most active in terms of the number of transactions behind us, and the wave of consolidation may continue to grow.
Gigant Inetum specializing in digital transformation took over the Polish company JCommerce and thus rapidly strengthened its presence in our country. Our expert Rafał Kozłowski (Counsel & Attorney-at-law, ALTO) comments on the consolidation movements on our IT market and the M&A forecasts for Puls Biznesu:
The wave of consolidation is yet to come
“The domestic market of IT companies supporting digital transformation is in the initial phase of consolidation, but it looks extremely promising. In addition to global factors, such as technological progress and the acceleration of digital transformation forced by the COVID-19 pandemic, there are also conditions specific to the market on the Vistula: staff shortages and the growing number of start-ups. The first wave of succession of enterprises in Poland, the reins of which is taken by the younger generation – focused on changes and simplification of management processes, may also turn out to be of key importance. The market is mainly consolidating around the largest IT and consulting players. Due to more difficult access to financing, family businesses are usually taken over by larger and more recognizable entities. In the domestic market, competition is visible primarily in the fight for an employee, which mainly concerns programmers and IT managers. ”
The full text of the article is available at: www.pb.pl/inetum-przeskoczylo-kilka-lat-dzieki-akwizycji
Check how we can help your company!
Contact23 May 2022
You may be interested:
Law
ALTO advised on EIT InnoEnergy's investment in Coat-it
The transaction team of ALTO advised Coat-it sp. z o.o. and its founders Alicja Stankiewicz and Katarzyna Zielińska on the EIT Inn...
Read more
Law
ALTO advised Gleevery on its second investment round
ALTO has advised Gleevery, a startup which has successfully completed its second investment round. Since its establishment, Gleeve...
Read more