Q.beyond Acquires Majority Stake in Healthcare Specialist GITG

q.beyond AG, a leading IT service provider, has taken a 51% stake in SAP healthcare specialist GITG AG. This move positions q.beyond in the high-growth healthcare sector, offering a full-stack service from consulting to IT security. GITG, founded in 2002, has developed GS-H, a successor solution to the SAP hospital core system IS-H, which will be discontinued in 2030. This solution is crucial for over 500 hospitals across Germany, Austria, and Switzerland still using the expiring system.

q.beyond’s CEO, Thies Rixen, highlights the strategic move as crucial for their 2028 Strategy, aiming to boost revenues and market position in Austria and Switzerland. This acquisition is entirely financed from q.beyond’s internal funds. GITG plans to leverage q.beyond’s resources and expertise to enhance solution development and market reach. Both companies aim to accelerate hospital IT modernization amidst ongoing healthcare reforms.