Altamount acquires Verkehrsautomatisierung Berlin

Altamount Software GmbH, a platform of CHAPTERS Group AG, has signed an agreement to acquire Verkehrsautomatisierung Berlin GmbH (VAB) from Hanning& Kahl GmbH & Co. KG. The transaction is subject to approval by theFederal Ministry for Economic Affairs and Climate Action (BMWK), which isexpected in the second quarter of 2025.

Verkehrsautomatisierung Berlin GmbH ("VAB") develops specialised software solutions for the control and automation of public transport systems. With this acquisition, Altamount strengthens its portfolio of mission-critical software solutions for public transport and critical infrastructure.

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Andreas Philippi, CEO of Altamount Software GmbH, comments:

"I extend a warm welcome to the team of Verkehrsautomatisierung Berlin into the Altamount Group! VAB is a leading provider of software solutions for the control and automation of public transport systems and is an ideal addition to our portfolio. Following the acquisition of PSI Transcom, this represents another significant milestone for Altamount. Our goal is to build a strong, interconnected group of companies in the field of mission-critical software for mobility and critical infrastructure — and to serve our customers even better."

Alexander Hanning, CEO of Hanning & Kahl, adds:

"Verkehrsautomatisierung Berlin has established itself over many years as a key player in the digital control of public transport systems. In Altamount, we have found a partner who will drive the continued development of the company. We are confident that this acquisition is the right step for VAB'sfuture."

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Timm Overmans, Head of M&A at Altamount Software GmbH, adds:

"With the acquisition of VAB, we are demonstrating our strong ambition to grow in the mobility sector and to drive market consolidation. WithPSI Transcom and VAB, we now have two strong providers in adjacent segments that will grow together into a greater combined force. We will continue to expand the Mobility Group in a deliberate and structured way — not only inGermany. We intend to acquire additional capabilities across further countries and grow together."

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