Technology Holdings is pleased to announce that it has acted as the exclusive advisor to Exozet GmbH on its strategic sale to Endava plc. Founded in 1996 in Berlin, Germany, Exozet is an award-winning full-service digital agency with a focus on delivering a combination of innovation, creative and deep technical expertise to drive digital transformation.
Exozet is well recognized in Europe for its market-leading digital transformation capabilities from digital consulting to brand strategy to service design to agile development. The acquisition by Endava, a leading next-generation technology services provider, expands its DACH footprint and adds a client list that includes well-known German multinationals: Audi, Deutsche Telekom, Siemens and Europa Park, as well as experience in the media sector working with the likes of ZDF, BBC, and Media Broadcast.
Frank Zahn, CEO and founder of Exozet commented “We are delighted to be joining Endava. We think this acquisition will be great for our clients and our people, and we are excited about the opportunities this creates in Germany and beyond to accelerate our growth, enhance our capabilities and extend our services. Technology Holdings has been an instrumental partner throughout the process and their global reach, sector expertise and dedicated team delivered multiple offers and an exceptional outcome for us.”
The transaction is a further testament to Technology Holdings’ expertise in advising digital transformation specialists, with the sale of Exozet being our 12th transaction in the digital transformation space.
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