PRIMEPULSE sells the majority stake of glueckkanja to Norvestor

Munich/Offenbach, 03 July 2024 - The investment company PRIMEPULSE SE has completed the sale of its shares in glueckkanja AG, the leading Cloud Managed Service Provider in the Microsoft ecosystem in Europe, to Norvestor IX SCSp (“Norvestor”).

glueckkanja is a pioneer in the cloud with more than 25 years of experience in the Microsoft technology landscape. The unique combination of standardized cloud managed services (Managed Workplace, Managed Azure), its own Cloud Security Operations Center (Managed Security) and its own technologies and SaaS solutions (“companion products”) makes glueckkanja one of the leading Microsoft Public Cloud Partners in Europe. With numerous specializations and a wide range of Microsoft Solutions Partner Designations, the company is one of Microsoft's top partners in Germany, has been named Microsoft Worldwide Partner of the Year eight times, most recently in 2024, and has been at the top of the ISG Microsoft 365 Germany quadrant for years. In addition, glueckkanja is considered a top employer for medium-sized companies with 4.8 out of 5 points in the kununu employee rating. The visionary management team around CEO & Co-Founder Christian Kanja and the team of around 180 people live a unique corporate culture that attracts outstanding experts. The total of eight Microsoft MVPs (Most Valuable Professionals) on the glueckkanja team highlights the remarkable level of expertise in highly relevant areas such as security.

With the support of PRIMEPULSE, the consistent development of the Managed Services (Workplace, Security, Azure) and companion products as well as the international expansion of the company have been successfully driven forward in recent years. With offices in Germany, Austria, Spain and Australia, the global team offers customers a global presence and highly available services in business-critical areas.

Klaus Weinmann, CEO & Co-Founder of PRIMEPULSE, comments: "As IT investors, we have accompanied glueckkanja on its growth path with heart and soul. We would like to thank the entire team for their outstanding commitment and fruitful partnership. With our PRIMEPULSE approach of accompanying the portfolio companies as a strategic advisor and sparring partner, we were able to provide the right impetus and are delighted to have found a renowned new majority shareholder for glueckkanja in Norvestor, with whom the extremely successful development can be continued. The strong interest from Norvestor confirms that, together with Christian and his team, we have created a strategically excellently positioned company."

Following the sale of the majority stake, the entire glueckkanja management team will remain on board and will also continue to be invested in the company.

Christian Kanja, CEO & Co-Founder of glueckkanja, adds: "We would like to express our special thanks to the PRIMEPULSE team, especially Klaus Weinmann and Stefan Fritz. PRIMEPULSE's setup, which combines successful entrepreneurship, IT industry and investment expertise, has always been very valuable to us and has strengthened our leadership position. I am now looking forward to working with Norvestor, who have a strong track record in internationalizing IT companies while putting Nordic values and corporate culture at the forefront."

About PRIMEPULSE

PRIMEPULSE is the investment company of the founders of the TecDAX-listed IT service provider CANCOM. PRIMEPULSE invests in growth-oriented IT and technology companies in the DACH region. These benefit from many years of experience in the IT environment and a deep understanding of business models and markets, which PRIMEPULSE actively contributes to the strategic development of its portfolio companies.

Read more at primepulse.de

About glueckkanja

glueckkanja, a renowned Cloud Managed Service Provider, is a Microsoft partner offering comprehensive cloud solutions. With a unified blueprint approach, glueckkanja uses Infrastructure as Code to transition and support customer infrastructures to the cloud. The service offerings include workplace integration and management for Microsoft 365, Azure infrastructure modernization and management, and 24/7 managed security services via its Cloud Security Operations Center.

Read more at www.glueckkanja.com