M&A Deal Summary

Iver Acquires Candidator

On May 2, 2018, Iver acquired information technology company Candidator from EQT

Acquisition Highlights
  • This is Iver’s 2nd transaction in the Information Technology sector.
  • This is Iver’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2018-05-02
Target Candidator
Sector Information Technology
Buyer(s) Iver
Sellers(s) EQT
Deal Type Merger

Target

Candidator

Alingsas, Sweden
Candidator is a successful IT company that delivers complete IT operation, telephony, and outsourcing services to companies and organizations in the Nordic market, under the motto "make it simple.". Candidator was founded in 1997 and is based in Alingsas, Sweden.

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Buyer(S) 1

Buyer

Iver

Stockholm, Sweden

Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Iver is a Swedish managed IT services provider with capabilities for full IT outsourcing, providing their clients with contracted services, including hosting, cloud, and application management. Iver has managed to build strong customer relationships in Sweden and Norway by combining dedicated customer focus with high-quality IT solutions. Iver was formed in 2018 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 4
Sector (Information Technology) 2 of 3
Type (Merger) 2 of 2
Country (Sweden) 2 of 4
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 DGC

Stockholm, Sweden

DGC is a managed service provider that develops and delivers customized IT services to customers who demand high security, availability, and innovation. DGC was founded in 1991 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 IT Gården i Landskrona AB

Landskrona, Sweden

IT Gården i Landskrona AB is an IT service outsourcing provider to small and medium-sized enterprises in the Skåne region. The Company delivers IT services within IT outsourcing and infrastructure, virtualisation and client platforms as well as related products. IT Gården aims to provide customers with an easy way of outsourcing all IT related services.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 106 of 189
Sector (Information Technology) 4 of 14
Type (Merger) 6 of 11
Country (Sweden) 30 of 34
Year (2018) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 DGC

Stockholm, Sweden

DGC is a managed service provider that develops and delivers customized IT services to customers who demand high security, availability, and innovation. DGC was founded in 1991 and is based in Stockholm, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-16 HTL-Strefa

Ozorkow, Poland

HTL-Strefa a company of MTD Medical Technology and Devices , is a medical device company that develops manufactures and sells safety lancets, personal lancets, and pen needles for insulin injection. Our modern manufacturing process and nearly 20 years of experience on the global market allows us to successfully ensure safety and convenience. We employ a continuous improvement strategy to analyze and update products, implementing improvements and launching new solutions to meet the changing needs of both patients and health care professionals. HTL-Strefawas founded in 1995 and is based in Ozorkow, Poland.

Sell -