Partner Tech Europe Invests in GSV Group
Partner Tech Europe is expanding its portfolio through the acquisition of shares in the GSV Group. An agreement has been signed between Partner Tech Europe and the GSV Group, and the transaction is expected to be completed by the end of Q1 2023.
The GSV Group is one of the market leaders in remarketing for branch IT in Europe. Its range of services includes project development, delivery, and operation of point of sale solutions. The GSV Group has an annual turnover of 10 million euros. The collaboration between the two companies promises many synergies and strong growth in all business areas of the GSV, including further internationalization. The GSV’s independence remains unaffected, and the services it offers will continue to be available to its customers.
Dr. Thomas Maly, owner of the GSV Group, is excited about the transaction, saying, “With the Partner Tech Europe Group, we have a strong partner for further sustainable growth in all our business areas.”
Denis Christesen, Managing Director of Partner Tech Europe, sees the GSV Group as a perfect match, stating, “The identity and soul of the GSV fit us and will position themselves as an independent area in our group.”
Through this acquisition, Partner Tech Europe is once again strengthening its position and strategy in the platform economy. The GSV Group will become part of the Partner Tech Europe network, and the companies will work together to strengthen their leading position in the point of sale sector and advance the sustainability of the entire industry.
The parties have agreed to keep the purchase price confidential.
About the GSV Group
The GSV Group is one of the market leaders in remarketing, services, and project development for point of sale. With an annual turnover of 10 million euros and over 25 employees, the GSV Group is headquartered in Germany. The company offers comprehensive services related to the remarketing and repair of POS devices, service offerings such as nationwide roll-outs, field service, or helpdesk support, as well as consulting and delivery in project planning.
About the Partner Tech Europe Group
Partner Tech is a leading provider of point of sale solutions with over 30 years of experience in the industry. The company is headquartered in Taiwan and has branches in Europe, North America, and Asia. Its product range includes cash registers, monitors, tablets, printers, and other peripherals. Partner Tech Europe Group is listed on the OTC market in Taiwan and belongs to the Qisda Group, which is listed on the Taipei Stock Exchange.
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