Convotis GmbH

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Convotis GmbH - overview

Established

2000

Location

Düsseldorf, -, Germany

Primary Industry

IT Infrastructure

About

Based in Germany, Convotis GmbH, f. k. a, Xdot GmbH, provides digital solutions with a focus on intelligent data utilization, system security, and process automation. The company serves a diverse range of clients across Europe, addressing various industry needs effectively.


Convotis GmbH, founded in 2000, is located in Bergisch Gladbach, Germany. The company specializes in scalable IT solutions, having completed a total of 1 deal. The founder's history has not been disclosed, nor do they have any known subsidiaries. In April 2020, Elvaston Capital Management acquired Xdot GmbH.


Convotis specializes in scalable and secure IT solutions, catering to over 3,500 customers across Europe. Its core offerings include intelligent data utilization, system security, and process automation. The company provides digital platforms, intelligent automation using artificial intelligence, sovereign cloud infrastructures, and security services. These offerings support organizations of all sizes—public institutions, large corporations, and mid-sized enterprises—by integrating platforms, processes, and technologies securely.


CONVOTIS addresses critical needs such as data integration, automated evaluations, and the establishment of robust IT architectures to facilitate sustainable digital transformation, operating in markets like Germany, Austria, Switzerland, Spain, and Luxembourg. CONVOTIS generates revenue primarily through B2B transactions within a structured model encompassing subscriptions and service contracts. Clients engage for ongoing services, including cloud infrastructure management and security solutions, often through multi-year agreements. Pricing is defined by the scope of services, which may include tailored solutions for specific industries such as healthcare, finance, and government.


The flagship offerings, encompassing digital transformation initiatives and data science applications, provide modular and scalable solutions, aligning with client needs and enabling a steady revenue stream while fostering long-term partnerships. Convotis GmbH plans to expand its offerings by developing new products aimed at enhancing digital transformation solutions, with specific release dates to be announced. The company is also targeting expansion into new markets, particularly focusing on increased presence in Spain and Austria by 2025. The recent acquisition by Elvaston Capital Management is expected to support these growth initiatives, enhancing their capabilities and reach.


Current Investors

Elvaston Capital Management

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.convotis.com

Verticals

Artificial Intelligence

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Convotis GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve Out, Trade SaleCompletedConvotis Business Solutions-
BuyoutCompletedConvotis GmbH-

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