X1F ACQUIRES ACCANTEC GROUP AND STRENGTHENS EXPERTISE IN ANALYTICS, BI AND DATA SCIENCE
The X1F Group has acquired the accantec group as part of its growth strategy.
For over 20 years, the accantec group has been a specialized consulting firm and IT service provider for Business Intelligence, Data Science, and Enterprise Software Solutions, with a particular focus on SAP, Microsoft, Jedox, SAS, and IBM.
Headquartered in Hamburg with branches in Frankfurt am Main, Cologne, Heidelberg, and Berlin, the accantec group employs over 70 BI experts who are involved in complex BI and Data Science projects. Their range of services includes architecture design, advanced analytics, and data warehousing, as well as the development of cloud platforms on AWS, Google Cloud, and Azure, along with comprehensive managed services—particularly for clients in regulated industries such as banking and insurance, as well as pharmaceuticals and healthcare.
Through the acquisition, X1F strategically expands its service portfolio in a strategically significant growth area.
The X1F Group brings together specialized IT and consulting units under one roof to holistically support companies in digital transformation—from strategy to technical implementation, with a clear focus on quality, innovation, and sustainability.
As the exclusive M&A advisor, Sancovia initiated the transaction and provided comprehensive support to the X1F Group throughout the entire process.
