NORD Holding sells KiKxxl to management
KiKxxl was founded in 1999 by the once again majority shareholder and managing director Andreas Kremer. In 2009 the company was able to attract NORD Holding as a strong partner to secure sustainable business growth. Since then the company has developed extremely positively with an annual growth of around 30 percent and a current turnover of approximately € 40 million. Next to the existing locations in Osnabrück (headquarters) and Bremen, two new locations were opened in Dortmund and Bochum increasing the number of employees from 617 in 2009 to 1,600 today. "We are pleased that we can look back on six remarkably successful years together with the management team," commented Matthias Kues, management spokesman for NORD Holding.
KiKxxl is one of the largest owner-managed call centres in Germany. As a fully integrated and responsible partner in all communication and customer contact processes, KiKxxl has been supervising phone, post, fax, email and SMS services as well as sales, technical support, order processing and customer care for the customers and interested parties of notable companies such as Deutsche Telekom, Vodafone, mobilcom-debitel, E-Plus, EWE TEL, Gerry Weber and RWE for more than 15 years.
We are very confident that the management team at KiKxxl and the two managing directors Andreas Kremer and Erden Yildirim will successfully continue the impressive growth trajectory.
CEO of NORD Holding.
About NORD Holding
With its 50-year history and over € 2.0 billion assets under management, NORD Holding is one of the leading private equity asset managers in Germany with a focus on direct and fund investments.
The fund investments division targets the small- and mid-cap segment of the European private equity market through primaries, secondaries and co-investments.
NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages € 1.3 billion and ranks among the top decile fund investment groups in Europe.
The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called "evergreen fund", thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region.