The services sector in Germany accounts for three quarters of all employed persons and generates around two thirds of GDP, making it the largest and fastest growing economic sector in Germany. The market grew strongly in the last decade, often with double-digit growth rates. Optimal infrastructure, high productivity rates and highly qualified personnel make Germany an extremely attractive location for the provision of services.
Already about 80% of all companies in Germany are service providers and with increasing technological progress new fields of activity are opening up. The moderate development of personnel costs and the constant level of employment further increase the attractiveness of Germany as a location.
Smart Service Solutions
Smart services combine physical and digital services to create new, intelligent products and digitally enhanced business models. They are becoming increasingly important in the course of Industry 4.0.
Our Sector Transactions
teamtischer GmbH x Baierl & Demmelhuber Innenausbau GmbH
Number of M&A transactions - DACH region, 2021 (as of August)
Accenture plc. X Umlaut Systems GmbH (2021)
Advent International Corporation X Aareon AG (2020)
The Internet of Things and Industry 4.0 will revolutionise production. Digital and physical services can be effectively combined to meet the specific needs of individual customers. New, intelligent service architectures and service platforms will create innovative business models that will permanently change existing value chains. The growth prospects of the sector are extremely attractive.
Business-related services show great growth potential, especially in the German SME sector. The biggest growth driver is clearly the advancing digitalisation. Traditional services are also becoming even more integrated into the digital value chain as not only the industrial, but also the service sector will change fundamentally and sustainably due to the possibilities of continously advancing technology.
Saxenhammer has in-depth technical and industry knowledge and can draw on a broad network of industry experts with many years of transaction experience.
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