EQT merges Candidator and DGC IT Services

The group will be branded under the new name Candidator DGC and is expected to generate SEK 1bn in combined annual sales, according to the GP.

Currently, the CEO of DGC, Jörgen Qwist, has now been appointed as group CEO, while Candidator CEO Johan de Verdier continues as head of the company with a focus on business development and M&A for the newly merged group.

Company
Stockholm-headquartered DGC was acquired in June 2017. Meanwhile, Candidator, based in Alingsås, was bought in January 2018. EQT used capital from its EQT Mid Market Europe Fund for the acquisitions.

Both companies are managed IT service providers with capabilities for IT outsourcing, providing their clients with contracted services, including hosting, and cloud and application management.

People
EQT Partners – Johan Dettel (partner).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• Nordics
• Technology
• Sweden
• EQT