Syserso Networks (formerly Corning Services)

Over the past 20 years, Syserso Networks has established itself as a long-term partner to telecom carriers, utility companies, and other owners or operators of critical IT and telecom networks. Services include network engineering, maintenance, and managed services/operation.

Headquartered in Hannover, Germany, the Company employs c.100 highly skilled employees. Driven by its deep vendor and network knowledge and client proximity, Syserso Networks has built a strong reputation in its market since its foundation in 1998 as Quante Netzwerke.

Chequers Capital acquired the Company together with the management team in a carve-out from US-listed corporate Corning Inc.

Value creation

In addition to the carve-out, Chequers supports management’s strategy to further develop and grow the business organically and through a proactive acquisition strategy.

Investment year
2021
Turnover at acquisition
< 50M€
Type of operation
Carve-OutMBO
Business sector
IT Services
Country
Germany