PRIMEPULSE sells the majority stake of glueckkanja to Norvestor

EQS-News: PRIMEPULSE SE / Key word(s): Disposal/Investment
PRIMEPULSE sells the majority stake of glueckkanja to Norvestor

03.07.2024 / 09:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PRIMEPULSE sells the majority stake of glueckkanja to Norvestor

Munich/Offenbach, 03 July 2024 - The investment company PRIMEPULSE SE has
completed the sale of its shares in glueckkanja AG, the leading Cloud
Managed Service Provider in the Microsoft ecosystem in Europe, to Norvestor
IX SCSp ("Norvestor").

glueckkanja is a pioneer in the cloud with more than 25 years of experience
in the Microsoft technology landscape. The unique combination of
standardized cloud managed services (Managed Workplace, Managed Azure), its
own Cloud Security Operations Center (Managed Security) and its own
technologies and SaaS solutions ("companion products") makes glueckkanja one
of the leading Microsoft Public Cloud Partners in Europe. With numerous
specializations and a wide range of Microsoft Solutions Partner
Designations, the company is one of Microsoft's top partners in Germany, has
been named Microsoft Worldwide Partner of the Year eight times, most
recently in 2024, and has been at the top of the ISG Microsoft 365 Germany
quadrant for years. In addition, glueckkanja is considered a top employer
for medium-sized companies with 4.8 out of 5 points in the kununu employee
rating. The visionary management team around CEO & Co-Founder Christian
Kanja and the team of around 180 people live a unique corporate culture that
attracts outstanding experts. The total of eight Microsoft MVPs (Most
Valuable Professionals) on the glueckkanja team highlights the remarkable
level of expertise in highly relevant areas such as security.

With the support of PRIMEPULSE, the consistent development of the Managed
Services (Workplace, Security, Azure) and companion products as well as the
international expansion of the company have been successfully driven forward
in recent years. With offices in Germany, Austria, Spain and Australia, the
global team offers customers a global presence and highly available services
in business-critical areas.

Klaus Weinmann, CEO & Co-Founder of PRIMEPULSE, comments: "As IT investors,
we have accompanied glueckkanja on its growth path with heart and soul. We
would like to thank the entire team for their outstanding commitment and
fruitful partnership. With our PRIMEPULSE approach of accompanying the
portfolio companies as a strategic advisor and sparring partner, we were
able to provide the right impetus and are delighted to have found a renowned
new majority shareholder for glueckkanja in Norvestor, with whom the
extremely successful development can be continued. The strong interest from
Norvestor confirms that, together with Christian and his team, we have
created a strategically excellently positioned company."

Following the sale of the majority stake, the entire glueckkanja management
team will remain on board and will also continue to be invested in the
company.

Christian Kanja, CEO & Co-Founder of glueckkanja, adds: "We would like to
express our special thanks to the PRIMEPULSE team, especially Klaus Weinmann
and Stefan Fritz. PRIMEPULSE's setup, which combines successful
entrepreneurship, IT industry and investment expertise, has always been very
valuable to us and has strengthened our leadership position. I am now
looking forward to working with Norvestor, who have a strong track record in
internationalizing IT companies while putting Nordic values and corporate
culture at the forefront."


About PRIMEPULSE

PRIMEPULSE is the investment company of the founders of the TecDAX-listed IT
service provider CANCOM. PRIMEPULSE invests in growth-oriented IT and
technology companies in the DACH region. These benefit from many years of
experience in the IT environment and a deep understanding of business models
and markets, which PRIMEPULSE actively contributes to the strategic
development of its portfolio companies.

Read more at primepulse.de

About glueckkanja

glueckkanja, a renowned Cloud Managed Service Provider, is a Microsoft
partner offering comprehensive cloud solutions. With a unified blueprint
approach, glueckkanja uses Infrastructure as Code to transition and support
customer infrastructures to the cloud. The service offerings include
workplace integration and management for Microsoft 365, Azure infrastructure
modernization and management, and 24/7 managed security services via its
Cloud Security Operations Center.

Read more at www.glueckkanja.com

Contact:
PRIMEPULSE SE
Beate Frenzel
Director Communications
beate.frenzel@primepulse.de


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03.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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1937973 03.07.2024 CET/CEST