EOS Partners has acquired FLEXiCODE, a leading IT service provider focused on the IFS ecosystem.
atares, the digital M&A boutique for technology-driven companies, advised the shareholders of FLEXiCODE GmbH and FLEXiCODE Schweiz AG as exclusive M&A advisor on the sale to EOS Partners. The transaction marks the next step in the growth of the IFS specialist active in Germany and Switzerland and strengthens its leading position within the rapidly growing IFS ecosystem.
In less than three months – from initial investor outreach to signing – atares supported the process end-to-end: approached qualified investors, solicited non-binding indications of interest and binding offers, coordinated the multidisciplinary due diligence, and negotiated the transaction documentation through to closing. Key challenges included alignment across jurisdictions, keeping bidders synchronized within an accelerated timeline, and structuring the equity rollover.
The shareholders Carolin Scheifl, Lorenz Wiederer, and Raphael Prior will continue to serve on FLEXiCODE’s management team. Together with EOS, FLEXiCODE intends to accelerate its development through organic growth initiatives and a targeted buy-and-build strategy. Priorities include expanding high-growth areas such as Field Service Management (FSM), scaling recurring revenue through cloud subscriptions and managed services, and strengthening the company’s international presence to support IFS’s global partner strategy.
Florian Liepert, Partner and IT services expert at atares: “‘Merging Visions’ means aligning differing interests in a goal-oriented way to lay the foundation for sustainable growth. With EOS, we identified exactly the right growth partner for FLEXiCODE in a short period of time. We thank the shareholders for their trust and congratulate everyone involved on this excellent outcome.”
Lorenz Wiederer, Co-founder of FLEXiCODE, on working with atares: “The close collaboration with atares made the difference. Florian Liepert and his team were far more than advisors – they became a true partner who understood our goals and helped lead us to success. Together, we set the right course for the company’s continued growth.
