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Announced

20 Jan 2020

Completed

20 Jan 2020

IT Relation completed the acquisition of C2IT Infrastructure.

Synopsis

IT Relation, a supplier of IT outsourcing services, completed the acquisition of C2IT Infrastructure, the hosting division of the C2IT Group, which offers a widespread of IT solutions. Financial terms were not disclosed.

Principals

target

C2it Infrastructure

bidder

It Relation As

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Market Context

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Seller Team (3)

casper norre

Associate Director at Clearwater

Financial Advisor

target

Deals

£ 43 M

Total Value

per surland

Partner at Clearwater

Financial Advisor

target

Deals

£ 53 M

Total Value

allan john pedersen

Senior Associate at Clearwater

Financial Advisor

target

Deals

£ 43 M

Total Value

Bidder Team (1)

henrik kastbjerg

CEO at IT RELATION AS

Manager

bidder

Deals

£ 16 M

Total Value

Vendor Team (1)

carsten sixhoi

CEO at C2IT GROUP

Manager

vendor

Deal

n/a

Total Value

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