Eight Advisory supported Econocom on its acquisition of a majority stake in bb-net media GmbH

Econocom Deutschland, a subsidiary of the international Econocom Group, specialises in IT services in the areas of consulting, procurement, financing and equipment lifecycle management. The company is characterised in particular by its expertise in refurbishing IT equipment in order to extend its service life and reduce the environmental footprint of digital devices. Econocom has been present on the German market for almost 40 years and, with more than 180 employees, supports companies of all sizes and the public sector with their technological requirements.

bb-net media GmbH has been an important player on the IT refurbishment market in Germany for over 25 years. It specialises in the purchase and refurbishment of business IT equipment and sells high-quality devices under the tecXL brand. The company prides itself on guaranteeing the highest quality through certified processes and secure data erasure. Its model is based on a sustainable approach that aims to extend the life cycle of devices and harmonise economic performance with environmental protection.

For Econocom, this transaction completes its offer by integrating advanced expertise in refurbishing, thus strengthening its position in the market for sustainable IT equipment. In return, bb-net benefits from the support of an international group to accelerate its growth and expand its offering. Together, the two companies now offer a global solution that covers the entire life cycle of IT equipment and creates added value for their customers, the environment and the circular economy.

Eight Advisory team members supporting this transaction:

• Financial buy-side due diligence: Marc Niclas (Partner), Marco Fussenegger (Senior Manager), Thomas Knospe (Analyst)
• Tax due-diligence services : Matthias Hogh (Partner), Jan Linnemann (Manager)