On July 11, 2024, the award ceremony took place at the Isarpost in Munich, honoring outstanding achievements in the field of Mergers & Acquisitions. The event, known for its high reputation, highlights strategically planned and successfully implemented M&A transactions.
The M&A Award aims to highlight the positive aspects and successes of M&A transactions. Criteria such as synergy effects, sustainable corporate changes, employee integration, and acquisition context are evaluated through interviews, questionnaires, and peer reviews to thoroughly validate and assess individual deals and nominees.
The awards are presented in two areas. First, the awards for outstanding corporate transactions in various categories, followed by the awards for consulting firms. These are divided into the categories M&A Advisory, M&A Legal Advisory, and M&A Transaction Advisory.
The Carve-out Program of CordenPharma, a leading full-service CDMO, successfully completed by digatus this year, was awarded the M&A Transaction Advisory Award 2024.
Through targeted support from digatus in defining the future architecture, the respective migration concepts, and consistent management, CordenPharma was able to transition to independent operations faster than planned, saving over three months of TSA runtime and more than 1 million euros in the IT sector. The clear project structure and consistent management ensured efficiency, transparency, and seamless adaptation to the needs of the new medium-sized company, enabling a smooth transition and optimal added value.
"We are proud of this award, which underscores the competence and commitment of our team," says Christoph Pscherer. "Special thanks go to Dirk Suetterlin and Peter Buchmueller for their trust in our analysis and planning."
The long-standing experience of digatus’ IT M&A Advisory Practice, led by Christoph Pscherer and Robert Mair as the responsible program manager for the transaction, played a decisive role in this success. The entire digatus team impressed with its outstanding performance and expertise in implementing complex, cross-border deal structures.
Here is the link to the full project report: Successful IT Carve-out of CordenPharma
About digatus
digatus was founded in 2015 in Munich and supports national and international clients on their digital transformation journey from 6 locations in Germany as well as Rzeszów (Poland) and Paris (France). The group’s 160 employees provide end-to-end support primarily to companies in demanding change processes, often driven by M&A transactions or similarly comprehensive change impulses. In doing so, digatus covers both the advisory-conceptual aspects and the operational implementation of the respective changes.
Carl-Friedrich Heintz
As co-founder and board member, Carl-Friedrich Heintz is significantly responsible for the corporate development of digatus, particularly in the key areas of portfolio development, market development, and inorganic growth through M&A acquisitions. With over 20 years of experience in the IT sector, he is a sparring partner in consulting projects focusing on transformation through IT M&A with carve-outs and post-merger integrations, changes in operating and business models, as well as further development of the technological value chain and strategic (re-)positioning of IT organizations.
