Vitruvian acquires Technogroup from Caldec
Vitruvian Partners has acquired German technology services provider Technogroup from the company's founding shareholders and Germany-based PE firm Caldec Holding.
The fresh capital is intended to expand Technogroup's business and grow internationally.
Caldec acquired the business four years ago and wholly exited the firm. Technogroup's founder, Claus Fischer, retains a stake.
Company
Headquartered in Hochheim near Frankfurt, Technogroup was founded in 1990.
It provides insurance-like technology maintenance services and additional value-add services for IT systems in data centres throughout Europe. However, its core market is the DACH region.
The firm employs a staff of 240 across 25 offices and 12 logistics centres to around 4,000 customers in a range of industries.
Technogroup has subsidiaries in Austria and Switzerland.
People
Vitruvian Partners – Torsten Winkler (partner).
Technogroup – Ralf Dingeldein (CEO).
Advisers
Equity – Kirkland & Ellis (legal).
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