GRUENDELPARTNER advises FIS on the sale of FIS-SST to Q_PERIOR

GRUENDELPARTNER has advised FIS Informationssysteme und Consulting GmbH (FIS) on the sale of the Polish IT consulting company FIS-SST sp. z o.o. based in Gliwice to Q_PERIOR AG.

FIS-SST has more than 100 employees at three locations in Poland and specialises in IT services and digitalisation in the areas of Microsoft, JAVA and cloud technologies (Azure, AWS and GCP).

Headquartered in Munich, the Q_PERIOR Group is a management consultancy offering integrated business and IT services and solutions. Most recently, the group generated annual sales of around EUR 234 million with around 1,350 employees.

FIS, based in Grafenrheinfeld, acquired the majority of shares in FIS-SST in 2008. Since then, the number of employees has risen from 20 to over 100 today. The FIS Group specialises in SAP projects and the associated digitalisation of companies and employs over 800 people.

In addition to FIS, the management has also sold the shares it held in Q_PERIOR.

GRUENDELPARTNER has been advising the FIS Group on M&A transactions for many years, including the sale of FIS-SST.

GRUENDELPARTNER's Corporate / M&A practice group is one of the most experienced and best-staffed advisory units in Central Germany and regularly supports medium-sized companies in strategic acquisitions and disposals.