Vitruvian-backed Technogroup bolts on CPU Service

Vitruvian acquired Technogroup from Caldec Holding and the company's founding shareholders in 2017. The firm used its Vitruvian Investment Partnership III fund, a vehicle that typically writes equity cheques of €25-200m in companies with enterprise values of €50-500m.

Vitruvian's investment was intended for the expansion of Technogroup's business and international growth. Technogroup now operates in more than 13 locations.

Prior to the transaction, CPU Service and Technogroup were involved in a partnership.

Company
CPU Service is a family-owned business founded in 1991 and headquartered in Warsaw. The company provides computer services including systems for storing and managing data, and integrating software and hardware. The company employs 16 people.

People
Technogroup – Ralf Dingeldein (CEO).
CPU Service – Arkadiusz Maryniak (CEO).

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• Topics
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• Buy-and-build