BDO advises Fellowmind on the expansion of their German presence with the acquisition of aXon

Deal typeTransaction Services
IndustryTechnology & Media
Client nameFellowmind Deutschland GmbH

With effect from 10 September 2020, aXon Gesellschaft für Informationssysteme mbH, specialist in Microsoft Dynamics 365, became part of Fellowmind. With the addition of the German aXon-team, Fellowmind strengthens their leading position in the field of Microsoft Business Applications and Digital Workplace.

A mutli-disciplinary team of BDO Legal Rechtsanwaltsgesellschaft mbH (BDO Legal) and BDO AG Wirtschaftsprüfungsgesellschaft (BDO) jointly led by Düsseldorf based partners Thorsten Schumacher (BDO Legal) and Jan Odewald (BDO) has advised Fellowmind group (Barneveld/The Netherlands) on the acquisition of all shares in aXon Gesellschaft für Informationssysteme mbH (Paderborn/Germany) through Fellowmind Deutschland GmbH. The parties have agreed not to disclose the purchase price.

aXon Gesellschaft für Informationssysteme mbH is one of the most valued Microsoft partners in Germany. “We feel this is our opportunity to become part of the leading Microsoft partner in Europe.” says Adelhard Türling, Managing Partner of aXon. “I am proud of the entire team that has worked hard to get where we are today and we are convinced that both our customers and our organization will benefit from the knowledge, the experience and the network of Fellowmind. We look forward to strengthen our position and further develop as a Fellowmind company.”

Emiel Putman, founder and CEO of Fellowmind says: “We have noticed the increasing demand of customers for a more integrated approach to their digital transformation. The acquisition of aXon gives us the opportunity to share and expand their knowledge of Digital Workplace technologies and simultaneously intensify our footprint in the German market. From the first introduction, we have been excited about aXon, as it is a successful, lively company with a potential to grow. But more important, we felt a cultural match – We both have a strong belief in putting our people at heart.”

Fellowmind was founded in 2005 and since then has grown into a company with a total of 1,450 employees and offices across Germany, The Netherlands, Poland, Denmark, Sweden and Finland.

The team of BDO Legal advised Fellowmind on all legal aspects of the acquisition, while the team of BDO was responsible for the corporate finance due diligence and tax advice of Fellowmind.