Dataciders, one of the leading providers of data, analytics, and AI services in Germany, continues to extend its market leadership in the DACH region by acquiring the IT services provider PRODATO. This acquisition enables Dataciders to expand its service and customer portfolio, industry expertise, regional presence, network of technology partners, and pool of software engineers and consultants.
PRODATO, based in Nuremberg, is an established IT services company specialized in data and analytics solutions for mid-sized and large companies in the DACH region. With 175 employees, PRODATO offers project-based data and analytics consulting services, software licenses, and other services. The company is known for its expertise in data integration, process automation, AI, data governance and regulation, and corporate performance management. PRODATO’s customer base includes the food retail, pharmaceutical, and industrial sectors. It is Dataciders’ second acquisition since Rivean Capital’s entry in January 2024.
Rivean Capital is a leading European private equity investor in mid-market transactions with operations in the DACH region, Benelux, and Italy and assets under management in excess of €5bn.
CODEX Partners provided the Commercial Due Diligence of PRODATO for Dataciders.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, on strategy development, cost optimozation and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experience from more than 700 projects.