The seventh company acquisition rounds off the Group portfolio
- Expanded competency in the IT infrastructure area
- X1F: different as a service
Hamburg. The X1F Group acquires SAP technology specialist BasisTeam. The profitable 25-employee company has been operating successfully for years in SAP technology consulting, SAP on hyperscalers, and in the SAP managed service area. “With the extensive expertise BasisTeam possesses in the IT infrastructure sector, we are expanding the circle of our complementary corporate subsidiaries,” explains Lars Ackermann*, CEO of X1F. “BasisTeam’s highly qualified colleagues will make our technology portfolio even more powerful and provide our customers with even better solutions.”
BasisTeam, consisting of BasisTeam IT-Service & Consulting AG, Bochum, and BasisTeam(Switzerland) AG, Tägerwilen, was founded in 2001. The company supports its customers in all areas of SAP Basis technology and in the operation of SAP systems. The range of services extends from individual tasks such as monitoring and importing security notes to complete outtasking. The focus is on strategic planning of SAP based technologies, SAP architectures, migration and operation of SAP system landscapes. The services are offered both on-premiseand in the cloud.
Peter Sikorski, Managing Director of BasisTeam: “Becoming part of the X1F Group‘s successful and experienced IT specialists is the right step for us at the right time, because new opportunities are now opening up that will benefit our employees and customers.” Lars Albrecht, also Managing Director of BasisTeam: “We are pleased to be part of the X1F Group as another independent company and will do our part to ensure that it continues to grow and can announce new goals.” X1F CEO Lars Ackermann* expects the same: “BasisTeamcomplements our existing SAP infrastructure and SAP (HANA) consulting offering perfectly.”
The following companies now form the X1F Group:
- IKOR GmbH (technology consulting and platform integrator)
- matrix technology GmbH (IT consulting and IT service provider)
- Informationsfabrik GmbH (data analysis and artificial intelligence)
- COMPIRICUS GmbH (process and system solutions for asset, treasury and risk management)
- ADWEKO Consulting GmbH (IT and technical consulting in the analytical field of banks and insurance companies)
- FSP GmbH Consulting & IT Services (IT security, IAM and insurance-related consulting)
- BasisTeam IT Service & Consulting AG (SAP Basis technology consulting, SAP workloads in the cloud and SAP operations)
About X1F
The X1F Group offers technology consulting from a single source, supporting the finance and insurance industries, particularly in digital transformation, with a full service offering. Under its umbrella, X1F bundles specialized, innovative and complementary services for system and platform integration, data analysis, artificial intelligence, cloud architecture and IT infrastructure. X1F as a holding company, in which funds of the Swiss private investor group Ufenau Capital Partners hold the majority stake, generates annual revenues of more than 110 million euros with its seven corporate subsidiaries and nearly 800 employees. X1F offers IT solutions at 31 locations in Europe, the USA, Canada and Australia.
Peter Sikorski
Managing Director
BasisTeam IT Service & Consulting AG
Lars Albrecht
Managing Director
BasisTeam IT Service & Consulting AG
Lars Ackermann*
CEO
X1F GmbH
*) Editor’s note: Lars Ackermann (†) played a key role in shaping the founding phase of X1F as CEO from 2021 to 2023. Prior to that, he successfully managed the business of technology consultancy IKOR for more than two decades, which joined the X1F Group as a subsidiary in 2021.