CONET - About the company
CONET is an acquired company based in Hennef (Germany), founded in 1987. It operates as a Provides IT services suite solutions. The company has 135698 active competitors, including 975 funded and 7688 that have exited. Its top competitors include companies like IBM, UST and Infosys.
Company Details
- Website
- www.conet.de/de/
- Email ID
- *****@conet.de
- Phone Number
- +49 **********
Key Metrics
Founded Year
1987
Location
Hennef, Germany
Stage
Acquired
Ranked
5232nd among 135698 active competitors
Employee Count
1,190 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by IK Partners (Oct 26, 2021)
Legal entities associated with CONET
CONET is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CONET Technologies Holding GmbH CIN: HRB14812 , Germany, Active | Feb 27, 2018 | - | - | |
GPR Services GmbH CIN: HRB84132 , Germany, Active | - | - | ||
GPR Zweite Verwaltungsgesellschaft mbH CIN: HRB147771 , Germany, Active | Dec 31, 2017 | - | - | |
CONET International Holding GmbH CIN: HRB14821 , Germany, Active | Dec 31, 2017 | - | - | |
CONET International GmbH CIN: HRB14800 , Germany, Active | Feb 20, 2018 | - | - | |
xFlight GmbH CIN: HRB14812 , Germany, Active | Aug 20, 2018 | - | - |
CONET's acquisition details
CONET got acquired by IK Partners on Oct 26, 2021.
Click here to take a look at CONET's acquisition in detail
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CONET's funding and investors
CONET has not raised any funding rounds yet.
CONET's founders and board of directors
Founder? Claim ProfileCONET's employee count trend
CONET has 1,190 employees as of Aug 26. Here is CONET's employee count trend over the years:
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CONET's Competitors and alternates
Top competitors of CONET include IBM, UST and Infosys. Here is the list of Top 10 competitors of CONET, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
5232nd | Provides IT services suite solutions | - | - | 31/100 |
Looking for more details on CONET's competitors? Click here to see the top ones
CONET's Investments and acquisitions
CONET has not made any investments yet. CONET has made 4 acquisitions.Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 14, 2025 | Acquisition | - | ||
Dec 15, 2021 | Acquisition | 1981 | Berlin (Germany) | |
Dec 15, 2021 | Acquisition | 1981 | Karlsruhe (Germany) |
See all acquisitions by CONET
Reports related to CONET
Here is the latest report on CONET's sector:
News related to CONET
•
Renzenbrink & Partner advised CONET Group on the acquisition of KERUN.ONEmajunke.com•Aug 14, 2025•Renzenbrink & Partner, IK Partners, CONET
•
Hexagon Acquires UCRS Software Solution from Conet CommunicationsWileyindustrynews•Jun 06, 2025•CONET, Hexagon
•
Hexagon Acquires CONET's Software to Enhance Public Safety PlatformEuropaWire•Apr 17, 2025•Hexagon, CONET
•
•
IK Partners-backed CONET Group acquires Karlsruhe-based ISB AGPrivate Equity Wire•Dec 15, 2021•CONET, ISB
•
IK Partners agreed to invest in IT consultancy CONETPE Hub•Oct 26, 2021•H.I.G. Capital, IK Partners, CONET
•
HIG Europe sells CONETPrivate Equity Wire•Oct 26, 2021•H.I.G. Capital, Conet, IK Partners, CONET and 1 other
•
HIG acquires CONET TechnologiesPrivate Equity Wire•May 01, 2017•Conet, H.I.G. Capital, H.I.G. Capital, CONET
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