• Home
  •  
    Regions
    • Europe
    • UK & Ireland
    • DACH
    • Nordic
    • France
    • Southern Europe
    • Benelux
    • CEE
    • Asia
  •  
    Deals
    • Buyouts
    • Venture
    • Exits
    • Refinancings
    • Build-up
    • Turnaround
    • Secondaries
    • Advanced deal search
  •  
    Funds
    • Buyout
    • Venture
    • Mezzanine
    • Debt
    • Funds-of-funds
    • Secondaries
    • Fundraising pipelines
    • Advanced funds search
  •  
    GPs & LPs
    • GP profiles
    • LP profiles
    • GP news
    • LP news
    • Sponsors search
    • LPs search
  •  
    Secondaries
    • Deals
    • Funds
    • News
    • Analysis
  •  
    People
    • People moves
    • Analysis
    • In Profile
    • Q&A
    • Videos
    • Comment
  •  
    Analysis
    • In Profile
    • Fundraising
    • Q&A
    • Comment
    • Videos
    • Podcast
    • Reports
    • Data Snapshots
  •  
    Unquote Data
    • Deals search
    • Exits search
    • Funds search
    • Sponsors search
    • Advisers search
    • LPs search
    • League tables
    • Reports
  • Sign in
  • Sign in
    • You are currently accessing unquote.com via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0)203 741 1137

      Email: Georgina.Lawson@acuris.com

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
  • Free Trial
  • Subscribe
Unquote
Unquote
  • Home
  • Regions
  • Deals
  • Funds
  • GPs & LPs
  • Secondaries
  • People
  • Analysis
  • Unquote Data
      • Deals search
      • Exits search
      • Funds search
      • Sponsors search
      • Advisers search
      • LPs search
      • League tables
      • Reports
  • You are currently accessing unquote.com via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0)203 741 1137

    Email: Georgina.Lawson@acuris.com

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
UNQUOTE
  • Expansion

3i-backed Evernex bolts on Vitruvian's Technogroup

  • Alessia Argentieri
  • Alessia Argentieri
  • 22 June 2020
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  

3i-backed Evernex, a French provider of IT maintenance for data centre infrastructure, has acquired Germany-based Technogroup, which is backed by Vitruvian Partners.

3i will deploy €47m in additional capital to finance this transaction, with Evernex's management team reinvesting €2m, while Technogroup's management and its shareholder Vitruvian will roll over a significant investment into the combined group.

With this add-on, 3i expects to boost Evernex's expansion in the DACH region.

3i acquired a substantial majority stake in Evernex from Carlyle in July 2019 in a deal that valued the company at more than €400m. This is the second add-on made by the company since then, following its investment in Storex, a South African provider of maintenance services for critical data centre equipment, acquired in March 2020.

Paris-headquartered Evernex offers maintenance services covering data centre hardware and critical IT assets. It maintains 200,000 IT systems in 160 countries and has a global network of 34 offices. The company employs 520 staff and generates revenues of around $220m.

Vitruvian acquired Technogroup from Caldec Holding and the company's founding shareholders in December 2017. The firm used its €2.4bn Vitruvian Investment Partnership III fund, a vehicle that typically writes equity cheques of €25-200m in companies with enterprise values of €50-500m.

Under Vitruvian's ownership, Technogroup has increased its size through a mix of organic growth and acquisitions, expanding its geographical presence and completing three bolt-ons.

Company
Established in 1990 and headquartered in Hochheim, near Frankfurt, Technogroup is a provider of third-party maintenance services for data centre infrastructure in the DACH region and Poland.

The company serves 5,200 customers and employs 290 staff in 50 centres located across Germany, Austria, Switzerland and Poland.

People
3i France
– Rémi Carnimolla (partner).
Vitruvian Partners – Torsten Winkler, Fabian Wasmus (partners).
Evernex – Stanislas Pilot (president, CEO).
Technogroup – Klaus Stöckert (CEO).

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • Expansion
  • DACH
  • France
  • Technology
  • Exits
  • 3i
  • Vitruvian Partners
  • Germany
  • France
  • Build-up
  • Buy-and-build
  • Partial sale

More on Expansion

Blackstone takes minority stake in Groupe Premium
Blackstone takes minority stake in Groupe Premium

Deal values French wealth manager at EUR 1.15bn after earlier full exit attempt saw Eurazeo target EUR 1.5bn

  • Expansion
  • 31 July 2023
e-Attestations aims to triple size with new Keensight backing
e-Attestations aims to triple size with new Keensight backing

Keensight is investing in the risk management platform via its EUR 1bn fifth fund, which closed in 2019

  • Expansion
  • 25 July 2023
The Bolt-Ons Digest - 3 July 2023
The Bolt-Ons Digest - 3 July 2023

Unquoteт€™s selection of the latest add-ons with Palatine's Anthesis, Nordic Capital's Regnology, Waterland's Janssen and more

  • Expansion
  • 03 July 2023
The Bolt-Ons Digest - 26 May 2023
The Bolt-Ons Digest - 26 May 2023

Unquoteт€™s selection of the latest add-ons with H&F's TeamSystem, Nordic Capital's Regnology, 3'i's Dutch Bakery and more

  • Expansion
  • 26 May 2023

Latest News

Partners Group to release IMs for Civica sale in mid-September
  • Exits
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

  • 04 September 2023
BHM Group builds on PE strategy, eyes European medtech and renewable energy acquisitions
  • Investments
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Czech Republic-headquartered family office is targeting DACH and CEE region deals

  • 01 September 2023
Redalpine expands leadership team amid CHF 1bn-plus fundraise
  • Venture
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

  • 31 August 2023
Change Ventures aims to hold final close for EUR 20m third fund by mid-2024
  • Funds
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds

  • 31 August 2023
Back to Top
  • About Unquote
  • Advertise
  • Contacts
  • About Acuris
  • Terms of Use
  • Privacy Policy
  • Group Disclaimer
  • Twitter
  • LinkedIn

© Merger Market

© Mergermarket Limited, 10 Queen Street Place, London EC4R 1BE - Company registration number 03879547

Digital publisher of the year 2010 & 2013

Digital publisher of the year 2010 & 2013