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Andera Acto invests in the Austrian company exceet Card Group

We would like to congratulate Andera Partners on its management-sponsored mezzanine investment in the exceet Card Group, based in Kematen in Tyrol (Austria). 

Prior to the deal announcement, the OMMAX team supported Andera Acto with an IT and Cybersecurity Due Diligence

  • Review of ERP landscape, personalization, and production platforms  
  • Assessment of IT organization, delivery model, and vendor dependencies
  • Evaluation of infrastructure, hosting, and disaster recovery capabilities
  • Comprehensive cybersecurity and compliance review 

exceet Card Group controls the entire value chain from card production and personalization to data processing and logistics. Thanks to the high loyalty of its customers and its constant growth, exceet Card Group has expanded its presence through strategic acquisitions and is now active in Austria, Germany, Switzerland, Belgium, Denmark, and Czechia. With 335 employees, the company is constantly working on innovations in the field of secure document and payment technologies

Andera Acto’s financing enables the company’s founders to increase their stake and maintain their entrepreneurial independence following the exit of a minority shareholder. 

Bruno Bonnin, Partner at Andera Acto, commented:

“We would like to thank the OMMAX team for their thorough and highly professional IT and Cyber Security Due Diligence support throughout this transaction. The depth of analysis and pragmatic recommendations were key in supporting our investment decision.”

Toni Stork, Founding Partner at OMMAX, added:

"We are proud to have supported Andera Acto in this important investment in exceet Card Group with an IT and Cybersecurity Due Diligence. We wish Andera Acto and the entire team at exceet Card Group every success in the next phase of their journey.”

Do you want to know more about OMMAX’s experience in transaction advisory and tech, data, and AI strategy? Get in touch with the authors of this article.

About exceet Card Group 

Since its foundation in 2008, exceet Card Group has established itself as one of the leading European manufacturers of smart card solutions and identity documents. Its customers include public authorities, banks, and companies in the transport, access control, and retail sectors. exceet Card Group supplies them with tailored, highly secure, and visually distinctive products. Annual production amounts to more than 400 million cards and antennas. 

For more information, please visit https://www.exceet-card-group.com/

About Andera Partners 

Over the past 20 years, Andera Partners has established itself as one of Europe’s leading private capital firms. With over €5.1 billion in assets under management, Andera Partners is active in 6 investment strategies: venture capital dedicated to the healthcare sector (Andera Life Sciences), private equity (Andera MidCap, Andera Expansion, Andera Co-Invest), mezzanine financing (Andera Acto), and infrastructure supporting the energy transition (Andera Infra). Based in Paris and present in Antwerp, Milan, Madrid, and Munich, Andera Partners has 130 employees, including more than 80 investors. 

For more information, please visit https://www.anderapartners.com/ 

About OMMAX – Building Digital Leaders 

OMMAX is a pan-European digital strategy consultancy shaping technology-, data-, and AI-powered businesses. Partnering with investors, corporates, and mid-sized companies, OMMAX delivers measurable impact through digital strategy and transformation across technology, data, and AI. Since 2011, OMMAX has delivered 3,000+ digital value creation projects, establishing itself as a trusted partner to private equity firms, global enterprises, and digital innovators. 

Meet the authors

Alan Taylor

Alan Taylor

Vice President Tech Strategy
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Toni Stork

Toni Stork

Founding Partner & CEO
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