Reference Transaction

Advising ActionIT GmbH on the sale to Littlebit Technology AG

ActionIT GmbH
Littlebit Technology AG

SECTOR

Technology

TRANSACTION TYPE

Special Situations & Restructuring

CLOSING TIME

01/07/2017

ActionIT is a distributor of IT components of all kinds, offering hardware and software in particular. The company's customers include globally established B2B dealers.

Littlebit Technology is an IT wholesaler that supplies the entire German-speaking region as well as the Benelux countries. Littlebit saw the acquisition of ActionIT as an opportunity to consolidate its market position in the IT sector in Germany.

Saxenhammer Transaction Team

Following transaction team facilitated the transaction for our client.

About the sector

Technology

In the era of digitalisation, the German technology sector is particularly significant. The sector not only represents an important branch of the economy with more than EUR 230 b in annual turnover, one million jobs and almost 7% of total economic output. In the context of digitalisation, the sector is above all a central driver of innovation that has a significant impact on other sectors.