Transaction Details
July 4, 2019
Stockholm
Sector
Technology
Deal Type
M&A
Deal Value
N/D
Deal Team
Raymond Fröjd, Sebastien Delattre, Oskar Vramsten, Alexander Alm
IT-Gården sold to Iver
IT-Gården: leading IT Managed Services provider in Southern Sweden
IT-Gården is an IT outsourcing provider with 20 years of experience with a very strong position with SMEs in Southern Sweden, from Malmö to Gothenburg. The company focuses on managed services, and has a product portfolio that also includes device-as-a-services, consulting, and hardware.
Their customers are made of more than 360 mid-market private companies, with high loyalty and customer satisfaction, leading to repeat business and recurring revenues.
IT-Gården’s experienced management team leads over 100 employees across four locations (Landskrona, Malmö, Helsingborg and Gothenburg), and after a period of investments and reorganisation the company is now well-positioned for its next growth phase.
Iver strengthens its position in Southern Sweden with the acquisition of market-leading IT-Gården
Iver (a portfolio company of EQT) is a leading Swedish managed IT services provider with capabilities for full IT outsourcing, providing their clients with contracted services, including hosting, cloud and application management. The company was formed in April 2018 by combining Candidator and DGC IT Services, creating a leading Nordic managed IT services provider.
The acquisition of IT-Gården gives Iver increased geographical presence in Southern Sweden, a broadened customer base and increased business volume. In total, the group will now employ approximately 1,000 employees.
GCA Altium acted as sole advisor to the Sellers.