ELOVADE

Who owns ELOVADE?

ELOVADE is currently owned by NEXX Capital through NEXX Capital V (2019 vintage), since 2019.

Hand-verified · updated 2026-08-10

About ELOVADE

Elovade is a German-headquartered, pan-European value-added IT distributor specialising in IT-security, cloud and managed-services software for small and mid-sized businesses, operating under the Elovade brand since a 2024 rebrand of the long-established EBERTLANG business. From its base in Wetzlar, Germany, it supplies infrastructure and security software covering email archiving, backup, endpoint and network security, automation and IT-failover, bundled with training, consulting and technical support rather than pure logistics. The group positions itself as a specialist, partner-intimate distributor sitting between vendors and a channel of independent IT system houses, in contrast to the broadline volume distributors. According to company disclosures it serves a network of roughly 17,000 reseller partners across German-speaking Europe and neighbouring markets, and employs around 150 people across offices in Germany, Switzerland, Italy and Sweden.

Ownership journey

The business was founded in 1995 in Wetzlar, Germany, as EBERTLANG Distribution by Steffen Ebert and Volker Lang, building a value-added software distribution franchise for German-speaking small and mid-sized companies. In March 2019 Nexx Capital, then operating as HQ Equita, acquired the company through its Nexx Capital V fund, buying out prior owner Beyond Capital Partners and the founders to back an international buy-and-build strategy. Nexx Capital has remained an active backer of the platform through its subsequent expansion and the 2024 rebrand to Elovade. In 2023 the wider portfolio in which the company sits was recapitalised through a secondary transaction, with Nexx Capital continuing to support the business; no onward trade sale of the operating company has been recorded.

Under PE ownership

Under Nexx Capital's ownership the company shifted from a single-country German distributor into a multi-market European group through a sequence of acquisitions, adding 8Soft in Wuerzburg in 2021, entering Italy via Achab in 2022, and extending into Sweden and, more recently, the United Kingdom through Brigantia in 2025. In June 2024 the enlarged group retired the EBERTLANG name and consolidated its German, Swiss, Italian and Swedish operations under the single Elovade brand, chosen to signal a pan-European "elevate" positioning while retaining the founding VAD identity. Company statements indicate that revenue has grown more than threefold and headcount has more than doubled to around 150 since the 2019 acquisition. In 2025 the group marked 30 years since its 1995 founding, presenting itself as an established pan-European value-added distributor rather than a domestic niche player.