EQT Private Equity sells off top Nordic MSP

Kelsey Rees
clock • 1 min read
EQT Private Equity sells off top Nordic MSP

The €250m-turnover MSP was founded through a merger in 2018

EQT Private Equity has sold Nordic MSP Iver to UK-based Intermediate Capital Group for an undisclosed sum. Headquartered in Stockholm, Sweden, Iver was formed in 2018 through a merger between EQT portfolio companies Candidator and DGC IT Services with the aim to create a platform for consolidation of the fragmented Nordic market. EQT claims Iver has since completed ten additional strategic add-ons in Sweden and Norway and more than tripled its revenues. The MSP offers IT-outsourcing capabilities...

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