SysEleven is an independent German provider of Cloud Infrastructure, Cloud Services, Managed Services and Managed Kubernetes. The company has its own open source based cloud infrastructure with ISO27001 certified data center locations in Germany (Infrastructure-as-a-Service) and provides MetaKube, a platform for the efficient management and optimization of computing, storage and network resources based on Kubernetes (Managed Kubernetes). The Berlin-based company employs more than 100 people and serves more than 175 customers in the German-speaking markets (DACH). The management of SysEleven will continue to operate as managing directors after the takeover.
The purchase price amounts to around 50 million euros and can be increased by a total of 15 million euros through performance-based components (earn-out) extending into 2024. The purchase price will be financed from the company's own funds. SysEleven achieved sales of around 15 million euros in 2021. Earnings before interest and taxes (EBIT) were around 1.3 million euros. secunet assumes that the acquisition will not have a significant impact on the forecast for the 2022 financial year.
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