DGAP-News: q.beyond AG / Key word(s): Disposal 
q.beyond sells first part of colocation business 
2021-08-02 / 07:30 
The issuer is solely responsible for the content of this announcement. 
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q.beyond sells first part of colocation business 
- DATEV, an existing customer, acquires data centre it uses in Nuremberg 
- Sale will have positive one-off impact on q.beyond's EBITDA and free cash flow 
- Decision on future of remaining colocation business due in autumn 2021 
- q.beyond extends financial scope and plans further takeovers 
Cologne, 2 August 2021 - At the end of May 2021, q.beyond AG announced its intention to review the sale of its 
colocation business, among other strategic options. In a first step, the company's existing customer DATEV is now 
acquiring the resources it itself uses. Due to the particular requirements of this service provider to tax advisors, 
auditors and lawyers, the relevant business has to date been managed in a separate company, IP Colocation GmbH, which 
uses a data centre with 1,000 m² of space at the Nuremberg location. DATEV is now acquiring 100 percent of IP 
Colocation. The parties have agreed to maintain confidentiality as to the purchase price. 
Based on an initial assessment, the sale will have a positive one-off impact on q.beyond's EBITDA and free cash flow in 
a single-digit million-euro range. The company will adjust its guidance accordingly upon publication of its half-year 
financial report on 9 August 2021. In autumn 2021, q.beyond will then decide on the future of IP Exchange GmbH, the 
wholly-owned subsidiary at which most of q.beyond's colocation business has been pooled since 1 January 2021. From the 
outset, this spinoff was intended to extend the range of strategic options available to this high-investment business 
field and, in particular, to open it up for partnerships or sale. 
Acquisitions drive growth 
The sale now agreed for IP Colocation has extended q.beyond's scope to make further acquisitions. The company already 
took over all of the shares in datac, a modern workplace specialist, in June 2021 and acquired a stake in Snabble, a 
pioneer in innovative scan-&-go solutions for retailers, just a few weeks later. q.beyond's CEO, Jürgen Hermann, has 
plans for further M&A activities: "We aim to generate further growth, not least by making acquisitions, and to further 
extend our innovative lead." 
Clear criteria for takeovers 
q.beyond is interested in acquiring majority stakes in technology companies that reinforce its existing sector focus, 
extend its product portfolio or supplement its available technological expertise. Here, it focuses on technology 
providers with annual revenues of up to EUR 20 million and a sustainably profitable business model. Furthermore, q.beyond 
invests in start-ups to boost its sector-specific digitalisation platforms with innovative solutions. 
Jürgen Hermann sees q.beyond, which has no debt, as being well positioned to make further acquisitions, and that not 
only in financial terms: "Our flat hierarchies and entrepreneurial culture make it easier for us to integrate new 
companies. These factors provide the scope needed for innovations and customer proximity and are backed up by our sales 
and administration activities." Moreover, this created cross-selling potential in all areas of the company and thus 
supported its "2020plus" growth strategy. 
About q.beyond AG 
q.beyond AG is the key to successful digitalisation. We help our customers find the best digital solutions for their 
business and then put them into practice. Our strong team of 1,000 people accompanies SME customers securely and 
reliably throughout their digital journey. We are experts in Cloud, SAP and IoT. 
q.beyond AG resulted from the rebranding of QSC AG in September 2020. With nationwide locations and its own certified 
data centres, it is one of Germany's leading IT service providers. 
Contact 
q.beyond AG 
Arne Thull 
Head of Investor Relations/Mergers & Acquisitions 
T +49 221 669-8724 
invest@qbeyond.de 
www.qbeyond.de 
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2021-08-02 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      q.beyond AG 
              Mathias-Brüggen-Straße 55 
              50829 Cologne 
              Germany 
Phone:        +49-221-669-8724 
Fax:          +49-221-669-8009 
E-mail:       invest@qbeyond.de 
Internet:     www.qbeyond.de 
ISIN:         DE0005137004 
WKN:          513700 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1223195 
 
End of News   DGAP News Service 
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1223195 2021-08-02


 
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(END) Dow Jones Newswires

August 02, 2021 01:30 ET (05:30 GMT)