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M&A Deal Summary

Evernex Acquires Emcon-IT

On November 2, 2021, Evernex acquired information technology company Emcon-IT

Acquisition Highlights
  • This is Evernex’s 2nd transaction in the Information Technology sector.
  • This is Evernex’s 1st transaction in the United States.
  • This is Evernex’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-11-02
Target Emcon-IT
Sector Information Technology
Buyer(s) Evernex
Deal Type Add-on Acquisition

Target

Emcon-IT

Brick, New Jersey, United States
Emcon-IT is a third-party maintenance provider that specializes in the support of data centre infrastructure serves a wide variety of enterprise-grade clients across the US and internationally, including Fortune 10 to 500, public, government, and state organizations. Emcon-IT was founded in 2007 and is based in Brick, New Jersey.

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Buyer(S) 1

Buyer

Evernex

Paris, France
Category Company
Founded 1983
Sector Information Technology
Employees250
Revenue 87M EUR (2014)
DESCRIPTION

Evernex provides maintenance of global IT infrastructure and offers a comprehensive range of services from maintenance to Spare as a Service – SpaaS ™, as well as additional services such as recycling, secure data disposal, data center removal, and relocation, library repair, IT hardware rental, and financial solutions. Evernex was founded in 1983 and is based in Paris, France.

DEAL STATS #
Overall 2 of 6
Sector (Information Technology) 2 of 5
Type (Add-on Acquisition) 2 of 6
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-22 Technogroup

Hochheim, Germany

Technogroup was founded in 1990 and is the leading TPM player in the DACH region and Poland, with strong brand recognition, best-in-class service, valued expertise in data centre maintenance and value-add services for data centres. The company serves over 5,200 customers with 290 employees and over 50 service centres in Germany, Austria, Switzerland and Poland. Technogroup has quadrupled in size over the past ten years through a mix of organic growth and acquisitions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-21 XSi

Alpharetta, Georgia, United States

XSi helps companies with their IT Lifecycle Services and Support. Services begin with the installation of new technology as well as de-installation, moving, consolidating, onsite disk wiping & destruction, and IT Asset Disposition (ITAD) of legacy equipment, including resale or recycling. In addition, the company provides lower-cost, Third Party Hardware Maintenance for installed models and extends the life of legacy, enterprise-brand servers, storage, network hardware, and other devices, including UPS systems and supercomputers. It sells to federal agencies, System Integrators, Global 2000 Enterprises, OEMs, distributors, channel clients, and partners. XSi was formed in 1990 and is based in Alpharetta, Georgia.

Buy -
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