Pava Partners advised RUBICON IT GmbH (“RUBICON IT”) on the sale of a minority stake to Pride Capital Partners. RUBICON IT is a leading software company in the e-government sector, specializing in the transformation of public administrations and private businesses.

Founded in 2001, the Austrian company is distinguished by its expertise in future-oriented IT solutions, quality, innovation, and strong customer focus. RUBICON IT offers a wide range of services, including the development of standard products and customized software, comprehensive IT services including consulting and training, as well as full-service operation of customer applications in its own data center.

RUBICON IT has established itself as a reliable partner for public and private organizations, placing great emphasis on the digitalization and efficiency enhancement of business processes. The continuous development of innovative solutions and the pursuit of excellent service quality have made RUBICON IT a leading company in the IT industry.

The minority sale to Pride Capital Partners aims to drive expansion into the DACH market and place a deeper focus on the private sector. The management team around Peter Grassnigg will continue to hold a significant stake in the company and will remain with the company in the long term.

Peter Grassnigg, founder of RUBICON IT, commented on the successful advisory services provided by Pava Partners: “The recent addition of Pride Capital Partners as a new investor marks a significant milestone in the company’s history. The tireless and persistent work of Pava Partners played a decisive role in this. Through their commitment and expertise, an optimal outcome was achieved for all parties involved.”

About RUBICON IT

RUBICON IT GmbH was founded in Austria in 2001. Since then, the company has been supporting customers in the DACH region and worldwide by using state-of-the-art information technology and providing comprehensive support in all project phases to solve business-critical tasks. RUBICON IT’s products and projects must therefore meet the highest quality requirements. This challenge is met through agile project implementation, cutting-edge development tools, and highly qualified employees. Due to the complex requirements and comprehensive support provided by RUBICON IT, long-lasting partnerships and cooperations are formed. RUBICON IT’s clients include the Federal Chancellery, the Federal Ministry of the Interior, the Ministry of Sports, the Federal Computing Center, BUWOG, and Swiss Federal Railways (SBB).

For more information, visit www.rubicon.eu.

About Pride Capital Partners

Pride Capital Partners is a leading investment company specializing in financing growing and profitable companies in the technology and software sector. With a strong focus on sustainable partnerships, Pride Capital Partners supports companies in fully realizing their growth potential and achieving strategic goals. The company offers flexible financing solutions, including equity and mezzanine capital, and brings extensive industry expertise and networks. Pride Capital Partners is actively engaged in the markets of the Benelux countries, DACH region, and Nordics, and has established itself as a reliable partner for companies looking to advance their market presence and business development.

For more information, visit www.pridecapital.nl.