Investment bankers Acxit Capital Management and Corporate Finance Partners announce their merger to form ACXIT Capital Partners. The new firm will be one of the leading European corporate finance advisors covering both the industrial and technology sectors. Acxit Capital Management and Corporate Finance Partners combine outstanding market positions, wide-ranging sector expertise and extensive resources to form ACXIT Capital Partners, headquartered in Frankfurt. The newly merged company will allow clients to benefit from a larger pool of high-calibre experts, greater global reach and even wider industry and transaction know-how. In ACXIT Capital Partners, the two specialists have created a leading, independent corporate finance advisory firm with strong ties to clients in traditional industries and services as well as in the new economy. With offices in Frankfurt, Berlin, Munich, Zurich, Vienna, Hong Kong as well as alliances in China and India, ACXIT Capital Partners is already set for further expansion in other European countries and the US.
The founders of Acxit Capital Management and Corporate Finance Partners are excited by the prospects that the merger offers. As Johannes Lucas, founder of Acxit Capital Management, explains: “The merger of our firms is the logical response to the increasing convergence of traditional and new economies. As a result of the merger, we will enhance the strong industrial expertise of Acxit with CFP’s technology focus to serve our corporate and private equity clients even better.” Founder of CFP, Andreas Thümmler, is confident: “The combined expertise and experience of nearly 60 investment banking professionals across several regions will propel the combined firm into a leading position in mid-market M&A.”. The combined firm is fully owned by its managing partners.
As an independent advisory firm, ACXIT Capital Partners will continue to assist clients in achieving their strategic corporate finance objectives. Since 1998 the combined firms have executed almost 300 transactions, of which more than 50% were cross-border deals. Highlight transactions in the technology, telecom and media industry include the trade sales of SOFORT AG to Klarna (key European fintech deal in 2013), Qype to Yelp and Zanox to Axel Springer. In traditional industries the firms have recently advised Gigaset AG on its transaction with Goldin Group and the shareholders of Grohe on the sale to Lixil, which marked the largest investment by a Japanese company in Germany to date. Other notable deals include Orpea’s serial acquisitions of Senevita, Silvercare and Senecura. For the second consecutive year, ACXIT Capital Partners has been the winner of the ACQ award for Boutique Merchant Banking Firm of the Year in 2014 and Boutique Investment Banking Firm of the Year 2014 by The M&A Advisor.
About Acxit Capital Management
Acxit Capital is an independent, privately owned merchant banking firm founded in 1999 with offices in Frankfurt, Zurich, Hong Kong and Munich. Activities include financial and strategic advisory services in Corporate Finance, Mergers & Acquisitions (M&A), Private Equity, Capital Markets, Distressed M&A, Strategic & Corporate Development as well as Growth Capital. Acxit Capital is specialised in cross-border transactions with a focus on Asia and Europe.
Acxit Capital assists listed corporations, family offices and entrepreneurs, financial sponsors as well as institutional investors, both in Europe and internationally. It has alliances in India and China.
About Corporate Finance Partners
With offices in Frankfurt, Berlin, Leipzig, Vienna and Budapest and an extensive international network of senior industry managers, developers and talented entrepreneurs as well as financial and strategic investors and advisers worldwide, Corporate Finance Partners is the leading European Tech & Internet Corporate Finance advisory company and synonymous with high-level expertise and execution in mid-cap tech transactions.
CFP provides Corporate Finance advisory services with a focus on Mergers & Acquisitions (M&A) and Private Equity/Venture Capital Placements. Since its inception in Germany in 1998, CFP has successfully executed M&A, Private Equity and Venture Capital transactions in the Internet, Media, Telecommunications and Technology sectors.