Deal announcement 3 March 2021

Ciesco advised Netzkern on its sale to Avedon Capital

We are delighted to announce the successful completion of our latest transaction, advising Netzkern, one of the leading German digital agencies, on its acquisition by the Netherlands-based Avedon Capital Private Equity firm. Netzkern will now form a group with Macaw, a leading digital services provider in the Netherlands and Germany. Macaw, which employs 350 people and has expertise in digital marketing, e-commerce, data and AI, aims to become a market leader in other parts of Europe. Private Equity firm Avedon Capital will support these ambitions.

The combined Netzkern-Macaw IT consulting services company will expand into continental Europe and become the biggest player in Sitecore in the German-speaking world and on the continent. Ciesco called the deal a natural marriage of companies.


Read more on how we advised Netzkern on its acquisition by Avendon Capital