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GP Bullhound acted as exclusive financial advisor to Mindcurv’s founders on the strategic investment of investment firms GENUI and Klaus Weinmann-founded PRIMEPULSE into Mindcurv.

The new partnership will enable Mindcurv to further accelerate its growth by broadening its offering and playing an active role in the ongoing market consolidation.

Based in Essen, Germany, Mindcurv architects, develops, manages and evolves digital platforms for large enterprise customers across the entire technology stack. The company has been developed from scratch since 2011 and has since grown rapidly to more than 230 employees, making it a go-to specialist provider on the German and international market.

“Following the success of recent years, we decided to further accelerate our growth with the support of strong partners who share our vision and values. We identified the perfect partners in GENUI, Klaus Weinmann and PRIMEPULSE,” stated Co-Founder and Managing Director Amjad Liaquat, who will continue to manage Mindcurv together with Co-Founder and Managing Director Nazareno Avila.

“GP Bullhound, with their deep expertise in the digital sector and the ability to understand the nuances of our unique company culture, was extremely instrumental in guiding us to find the right partner for the next stage of Mindcurv’s growth” said Amjad Liaquat.

Julian Riedlbauer, Partner at GP Bullhound and Dr. Nikolas Westphal, Director, stated: “We are delighted to have helped Mindcurv find the ideal partners for their next stage of growth and execution of a buy-and-build strategy – they are perfectly positioned to benefit from the rapid development of the digital transformation sector.”

The transaction is subject to routine merger control review and expected to close upon completion.

This represents GP Bullhound’s 18th transaction in 2019 and is a further testament to GP Bullhound’s expertise in advising category leaders in the Digital Services vertical, with more than 20 transactions completed in the last 24 months, including the sale of Gokart Labs to WMP, of Insitum to Accenture Interactive, of Filter to Merkle, and of Inside Ideas Group to You & Mr Jones, among many others.