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DATAGROUP Founder Max Schaber Receives M&A Lifetime Achievement Award

By Burstable Editorial Team

TL;DR

DATAGROUP's successful acquisition of over 30 companies since 2006 demonstrates how strategic M&A can consolidate market position and create competitive advantage in the IT services sector.

DATAGROUP employs buy and turn around and buy and build strategies that carefully preserve acquired companies' customer relationships and service portfolios during integration.

DATAGROUP's M&A approach provides long-term job security for acquired company employees while strengthening the German IT services market through sustainable business practices.

Max Schaber received the M&A Lifetime Achievement Award for transforming DATAGROUP into a leading IT service provider through over 30 successful company acquisitions since 2006.

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DATAGROUP Founder Max Schaber Receives M&A Lifetime Achievement Award

Max Schaber, founder and Chairman of the Supervisory Board of DATAGROUP, received the M&A Award for Lifetime Achievement from the Federal Association for Mergers & Acquisitions (BMA). The award recognizes outstanding contributions in the field of mergers and acquisitions in Germany and highlights the importance of long-term M&A strategies for sustainable business success. The M&A Award was established in 2023 and has become an important platform for companies and consultants in the M&A sector. The annual award ceremony in Berlin aims to highlight successful, innovative, and sustainable transactions while promoting best practices within the industry.

Schaber was honored for his exceptional commitment and pioneering work in mergers and acquisitions. Since DATAGROUP's IPO in 2006, more than 30 companies have been successfully acquired and integrated into the overall organization. Through its consistently pursued buy and turn around and buy and build strategies, DATAGROUP has made a significant contribution to the consolidation of the German IT services market. In all acquisitions, DATAGROUP places particular emphasis on preserving the acquired companies, their customer relationships, and their service portfolios. This approach not only strengthens the performance of the corporate group but also offers employees of the acquired companies a long-term secure perspective.

The company's acquisition strategy is particularly noted for its optimal integration of new companies. This award is not only a personal honor but also a recognition of the many dedicated employees at DATAGROUP, emphasized Schaber. Their commitment, expertise, and entrepreneurial spirit have made DATAGROUP one of the leading IT service companies in Germany. The success in the M&A sector is based on partnership thinking, sustainable integration, and the belief that people are at the center of every transformation.

DATAGROUP employs approximately 3,700 employees at locations across Germany who design, implement, and operate IT infrastructures and business applications. With its CORBOX product, DATAGROUP serves as a full-service provider, supporting global IT workplaces for medium and large enterprises as well as public authorities. The company continues to grow both organically and through acquisitions, actively participating in the consolidation process within the German IT services industry. Schaber's career serves as a model for responsible and future-oriented acquisition policies that combine economic strength with social responsibility. The recognition underscores how strategic M&A approaches can drive market consolidation while maintaining focus on employee welfare and sustainable business practices.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

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