24 Sep X1F acquires Schwabe, Ley & Greiner, focusing on treasury management consulting
Hamburg, DE, September 23, 2024
The X1F Group, headquartered in Hamburg, Germany, continues to grow, recently acquiring the Austrian finance and treasury management consultancy Schwabe, Ley Greiner Gesellschaft m.b.H. (SLG). With this acquisition, X1F, a technology and management consultancy, strengthens and expands its Group portfolio to 15 specialized subsidiaries.
Photo: Philip Tüttö, Georg Ehrhart, Martin Winkler and Michael Juen (from left to right)
SLG is considered the industry leader in finance and treasury management consulting in the DACH region. The expert services provided by SLG include organizational / strategic consulting, corporate finance, risk, cash, liquidity, asset and working capital management. The optimization and digitalization of these topics is one of SLG’s main fields of activity. The Vienna-based company, which has been established in the DACH market for 36 years, employs around 60 people and regularly organizes exclusive industry events such as the “Finanzsymposium” in Mannheim, Germany, and its Austrian counterpart, the “Treasury Finance Convention”. With its proven seminar program, SLG has been training treasury and finance experts for more than 35 years. Its clients include well-known family-owned companies, banks and insurers, as well as the majority of DAX-, ATX- and SMI-listed companies.
Creating synergies with treasury expertise in German-speaking countries
“With the acquisition of SLG, we are expanding our Austrian portfolio to include a renowned consulting firm in the field of finance and treasury management. Together with our subsidiaries IKOR and fink., this enhances our attractive range of services for the Austrian market. This will not only significantly increase the X1F Group’s profile in Austria, but also offer our customers real added value,” explains Thomas Steiner, CEO of X1F. “We are particularly proud of the unique selling proposition of SLG: its industry conferences and training programs create a unique platform for promoting dialogue within the industry and jointly developing the best solutions. This positions us as a thought leader and industry moderator, enabling us to support our customers’ transformation processes even more intensively, paving the way for future-oriented solutions.”
Expanding finance and treasury expertise, inter weaved with technology expertise
With this merger, we are expanding the X1F Group’s corporate finance and treasury management market leadership in the DACH region. Under the umbrella of the Group, SLG will also expand its specialist and technological range of business opportunities, laying a foundation for more growth.
In addition, we will develop more broadly with IT services for the financial sector from the X1F portfolio, among other things,” adds Philip Tüttö, Managing Director at SLG. “Our customers
and partners are increasingly asking for technology-related services in our consulting and seminar business as well as at industry events. By joining the X1F Group, we are now ideally equipped for future expansion and growth,” SLG’s Co-Managing Directors; Philip Tüttö, Georg Ehrhart, Michael Juen and Martin Winkler, explain in unison.
Source: Company Press Release