BWK-backed IT-Informatik buys Mercoline
BWK Unternehmensbeteiligungsgesellschaft has supported the bolt-on of enterprise software provider Mercoline for its portfolio company IT-Informatik.
Mercoline previously operated as a subsidiary of Pelikan Group, a Berlin-based office supplies company. Pelikan is pursuing a corporate strategy of divesting divisions that are non-core to its writing instruments and stationery business.
IT-Informatik is aiming to increase its technical capability and geographical presence through the acquisition. The bolt-on will also increase the group's revenues by around 10%; IT-Informatik generated revenues of €40m in 2017.
Company
Mercoline is an enterprise software company based in Berlin. The company was founded in 2000 and specialises in the areas of supply chain management, business integration and business intelligence. It generated revenues of €6m in 2017.
People
IT-Informatik – Günter Nägele (managing director). 
Mercoline – Stephan Schultze (managing director).
Advisers
Equity – Kloepfel Corporate Finance (corporate finance).
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