Sevenval
- acquired by -
Avenga

Avenga is a global IT and digital transformation consultant with more than 3,500 employees in offices across Poland, Germany, Ukraine, Malaysia and USA.

Background

In 2017, Oaktree Capital Management and Cornerstone Partners acquired Polish IT outsourcing provider IT Kontrakt to build a larger IT services platform through acquisitions. IT Kontrakt and its acquired companies rebranded as Avenga, marking a key step in creating a dynamic IT services provider.

A major milestone was the acquisition of Sevenval in June 2019, strengthening Avenga’s presence in the DACH region (Germany, Austria, and Switzerland). Sevenval’s established delivery and sales capabilities provided access to key European markets and reinforced Avenga’s ability to deliver IT solutions.

The Challenge

Oaktree and Cornerstone sought to expand IT Kontrakt’s footprint through acquisitions, targeting companies with complementary capabilities to enhance services and regional reach. The challenge was to find a strategic partner with strong market presence, technical expertise, and a solid client network in key European regions

Transaction

The acquisition of Sevenval helped Avenga.

• Strengthen its market position in the DACH region
• Expand technological capabilities and services
• Improve client relationships and operational efficiencies
• Increase geographical reach

Aventis Advisors, together with Carlsquare, served as buy-side financial advisors to Avenga in the acquisition of Sevenval.

Outcome

The acquisition expanded Avenga’s European footprint and technological synergies, enhancing its ability to provide digital solutions. With continued investment from Oaktree and Cornerstone, Avenga is positioned for further growth and innovation in IT services.

Looking Ahead

With Sevenval integrated, Avenga continues to strengthen its role as a leading IT services provider, committed to expanding capabilities and reach across Europe.

Aventis Advisors Will Help You Navigate the Polish M&A Landscape

While evaluating financials is important, acquiring a company involves much more. It’s about finding the right cultural fit, understanding market trends, and ensuring a seamless integration post-acquisition. M&A advisors bring local expertise, alongside helping you identify the most strategic acquisition targets, navigate the complexities of the deal, and improve the probability of a transaction.

Aventis Advisors is a Polish M&A advisor focusing on technology and growth companies. Our team has accumulated significant know-how in helping international buyers navigate the unique complexities of investing in Poland. With our experience in bringing together foreign investors and Polish targets, you can trust us to take care of all your investment needs – from understanding complex financials to bridging cultural gaps!

Contact us if you want to learn more about M&A in Poland. We would be happy to answer any of your questions and find the best deals for you.