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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

Social
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Email ID
*****@conet.de
Phone Number
+49 **********
Key Metrics
Founded Year
1987
Location
Hennef, Germany
Stage
Acquired
Ranked
Employee Count
1,190 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by IK Partners (Oct 26, 2021)

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

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CONET's employee count trend

CONET has 1,190 employees as of Aug 26. Here is CONET's employee count trend over the years:
Employee count trend for CONET
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
2nd
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
4th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
74/100
5th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
6th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.8M
73/100
7th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
8th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
9th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
73/100
10th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
73/100
5232nd
Logo for CONET
CONET
1987, Hennef (Germany), Acquired
Provides IT services suite solutions
-
-
31/100
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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)
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See all acquisitions by CONET

Reports related to CONET

Here is the latest report on CONET's sector:

News related to CONET

•
IK Partners-backed CONET Group acquires Karlsruhe-based ISB AGPrivate Equity Wire•Dec 15, 2021•CONET, ISB
•
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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