KKR’s Offer for DATAGROUP SE
DATAGROUP SE, a leading IT service provider in Germany, recently entered into an investor agreement with the private equity firm KKR. This agreement supports a public purchase offer from KKR to acquire all outstanding shares of DATAGROUP at a price of EUR 54.00 per share in cash. This offer represents a premium of approximately 33% over the Xetra closing price of the DATAGROUP share on April 15, 2025.
Background and Conditions of the Offer
- Price and Premium: The offered price represents a significant premium and has attracted investor interest.
- Support from the Management Board and Supervisory Board: Both the management and supervisory boards of DATAGROUP support the offer as fair and attractive.
- Share Sale by Executives: Members of the management board and supervisory board have committed to offering their personally held shares.
Strategic Partnership and Delisting
- Strategic Partnership: A partnership between Dante Lux HoldCo S.à r.l., a parent company of the bidder (KKR), Max H.-H. Schaber, and HHS Beteiligungsgesellschaft mbH has been agreed upon.
- Long-term Control: After the acquisition, KKR and HHS will be indirect shareholders in a 50:50 ratio.
- Delisting Planned: A delisting is planned immediately after the execution of the offer.
Market Impact
The announcement of the takeover offer has triggered a significant price jump in DATAGROUP shares. This development is particularly relevant for investors in the German-speaking region.
Financing Through Equity
KKR is fully financing the transaction with equity. The execution of the purchase offer will foresee standard conditions and is expected to be completed in the third quarter of 2025.
| Aspect | Details |
|---|---|
| Price per Share | EUR 54.00 in cash |
| Premium | Approx. 33% over Xetra closing price the day before the offer |
| Support | From Management & Supervisory Board |
| Strategic Partnership | Long-term joint control between KKR & HHS (50:50) |
| Delisting | Planned immediately after execution |
| Financing | Fully through equity |