European Consulting Group – Strengthening Expertise in Investment Funding Management

www.ecg.eu GmbH has been operating in Germany since 1991. It originally emerged from TBI europe BV, which was founded in the Netherlands in 1984, but broke away from it again in 2004. Since then, the group has been developing, implementing and operating web applications for the implementation and management of national and structural funding programs in several German federal states and EU member states. The main product is Euroka5.0, a web-based standard solution that allows users to handle the entire funding process online, involving all stakeholders. EFG Europäisches Fördermanagement GmbH develops and provides services for the implementation and financial management of the European Social Fund (ESF) in the state of Berlin, within the scope of the ECG quality management system.
  • Transaction: Company sale

Buyer

IBYKUS AG, founded in 1990 and headquartered in Erfurt, specializes in IT solutions for public administration and offers e-government solutions for the administration of subsidies at the municipal, national and European level. In addition, IBYKUS supports its customers in the selection, planning, installation and configuration of high-performance IT systems as well as with innovative solutions for business process optimization based on SAP and proprietary company software. Its strong expertise in software development makes IBYKUS a reliable partner for highly complex and customized IT projects. With the acquisition of ECG and EFG, the company currently employs around 290 people at six locations throughout Germany.

“We are completely satisfied with the support from SCF. Without them, a successful sale of my company would hardly have been possible. The excellent service, the constant availability even at late hours and the human and friendly interaction helped the sales process a lot. My expectations were more than fulfilled.”

Owner

www.ecg.eu GmbH

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