Enlargement of customer base
€18.0MN
EQUITY INVESTMENT
€68MN
REVENUES 2017/2018
300
EMPLOYEES 2017/2018

KEY FACTS AT A GLANCE

  • Objective: maintain brisk pace of investment
  • Growth accelerated due to acquisitions
  • Revenues and earnings up considerably again year-on-year; growth in private and business customer bases

INEXIO Informationstechnologie und Telekommunikation KGaA

INVESTMENT BY
DBAG ECF

€18.0MN

DBAG'S INTEREST

€7.5MN

GROWTH FINANCING
SHAREHOLDERS:
DBAG ECF

16.4%

EQUITY SHARE BELONGING TO DBAG

6.9%

OTHER SHAREHOLDERS

83.6%

FIRST INVESTED

MAY 2013

REVENUES IN €MN

 

51

 

2015/2016

 

55

 

2016/2017

 

68

 

2017/2018

As of 30 June 2019
 

Since our first investment in 2013, inexio has developed enormously - both through organic growth and market consolidation. We see inexio as a prime example of a successful private equity investment in which a talented management team is supported and a promising business model is promoted.

GUSTAV EGGER
MANAGING DIRECTOR

~2,000

new private customers per month

PROFILE

inexio Informationstechnologie und Telekommunikation KGaA invests in the development and expansion of an efficient telecommunications infrastructure in several federal states in Germany, focusing not only on the federal states of Saarland and Rhineland-Palatinate, but also on Bavaria, Baden-Württemberg, Lower Saxony and the former East German states. inexio has a proprietary and steadily growing fibre-optic and municipal network currently covering more than 6,500 kilometres, as well as six company-owned data centres. The company offers the full spectrum of telecommunications and IT services, from carrier services to assuming all telecommunications, IT and data centre services. Although the company’s original focus was on business customers, these have now been surpassed by revenues from high-speed internet connections for private customers at an annual rate running into the double digits.

POTENTIAL FOR DEVELOPMENT

inexio is continuously growing its customer base by investing in fast fibre-optic networks, i.e. in an increasingly available and increasingly adopted infrastructure with long-term availability, to secure attractive sources of future revenue that are also predictable. The barriers to enter the market in which inexio operates are typically high. inexio has a highly motivated and experienced management team. Thanks to the company’s structures and capacities, it has the opportunity to take advantage of current market opportunities. A further key success factor is the speed at which inexio can expand its own network. Especially in rural areas, the first to invest invariably gets access to the customers. In recent years, inexio has acquired several smaller companies with a network and customers in Bavaria and has continued its regional expansion.

FINANCIAL YEAR 2017/2018

The sustainable and profitable business of inexio also developed very positively in the 2017/2018 financial year (30 September). The number of private customer contracts increased year-on-year by more than 30 percent and is growing by more than 2,000 per month, with inexio also benefiting from the successful company acquisitions of the past years. inexio also saw growth in the number of business customers. Revenues and earnings will significantly exceed the previous year’s values once again.

OUTLOOK AND OBJECTIVES

As far as 2018/2019 (30 September) is concerned, inexio forecasts further growth. Based on the rising number of customers, revenues and earnings are again expected exceed the previous year’s figures. As well as expanding its own network, the acquisition of other companies will remain a key issue on the telecommunications market, which is in the process of consolidating.