In December 2005 100% of the shares in Conet Solutions GmbH, Hennef, were taken over by the insolvency administrator of Conet Solutions AG, Dr. Biner Bähr (White & Case LLP).

In the initial phase of the investment, specTra provided a board member for the acquiring company and, together with the private investor, prepared the IPO on the Frankfurter Freiverkehr, which was later successfully implemented.

At that time, Conet Solutions GmbH, as an IT service provider and system house, offered IT solutions for customers such as the German Armed Forces or the Austrian Armed Forces in questions of logistics with an annual turnover of approx. € 25 million at the time.

In May 2017, HIG Capital, a leading global investment company with over € 20 billion in managed equity, acquired a majority stake in CONET Technologies AG.

Today, CONET successfully offers solutions for SAP, infrastructure, communications, software and consulting in the key areas of cyber security, cloud, mobility and data intelligence.

In addition to the group holding company, CONET Technologies Holding GmbH, CONET provides its services in specialized subsidiaries, in which the relevant technical know-how and the long-term expertise of CONET consultants, developers and system integrators are bundled.

In addition, other national companies and a broad network of sales and integration partners offer specialized services for individual customer requirements.

The Group With CONET Technologies Holding GmbH as the parent company, it achieved sales of around € 129 million in the 2019 financial year with around 800 employees at twelve locations in Germany and Austria.