Altor has signed a binding agreement to acquire a majority stake in F24 from Hg. F24’s management will reinvest and Hg will retain a minority stake in the company. F24 is the leading SaaS provider for crisis management and business resilience software in Europe. This partnership positions F24 for accelerated growth and continued regional expansion.
Founded in 2000 in Munich, Germany, F24 has established itself as the trusted partner for over 5,200 customers worldwide. Solutions cover emergency and mass notification, incident and crisis management, business messaging and service notification, as well as governance, risk and compliance.
“We are excited to join forces with co-founder Christian Götz, Dr. Jörg Rahmer and the management team at F24. F24 is a pioneer in building organizational resilience in the face of an increasingly volatile world. Their commitment to delivering high-quality solutions has earned them a stellar reputation across Europe and a loyal customer base. Together with Hg we look forward to accelerating F24’ growth and expansion into new markets” said Hajo Krösche, Partner at Altor.
“We are thrilled to partner with Altor as we enter this new phase for F24. We are truly impressed by Altor’s entrepreneurial mindset, analytical know-how and collaborative partnership approach. Together with Altor we will continue to innovate, create more value for our customers and accelerate our expansion into new geographies“ said Jörg Rahmer and Christian Götz, Executive Board at F24.
“We are proud to have been part of F24’s successful journey over the past years. F24 has yet again proven its long-term track record of compounding growth. We thank Jörg, Chris and the entire F24 team for their hard work and commitment – it has been a trusted collaboration” said Benedikt Joeris, Partner at Hg.
