
One Equity-backed MCL buys Elanity
IT consultancy MCL, a portfolio company of One Equity Partners, has acquired Germany-based market peer Elanity Network Partner.
The acquisition aims to expand the range of products that MCL can offer to its clients, increasing its capabilities in areas including Office365 and Azure cloud.
One Equity Partners acquired MCL in an SBO from Lead Equities in March 2020, investing via One Equity Partners VII. Apera provided debt to finance the buyout.
MCL reported 2019 revenues of €112m and employs 180 people across nine locations.
Company
Elanity was established in 2000 and employs 40 people. The company provides a range of IT services, including consulting, installation and maintenance of infrastructure, cloud and security projects. Based in Hannover, the company serves clients in the DACH region including Velux and the Hamburger Volkshochschule, according to its website.
People
MCL – Lars Mack (managing director).
Elanity – Peter Schröder (CEO); Stefan Voss (chief operating officer).
Advisers
Vendor – Carlsquare (corporate finance).
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