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New Deal


Announced

EQT-backed Iver to acquire ELITS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

it services

Friendly

Private Equity

Pending

Sweden

consulting company

Cross Border

IT Services: Other

Acquisition

Single Bidder

Synopsis

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EQT-backed Iver, a firm that develops, packages and delivers IT services that provide digital competitive advantages and enable innovation, agreed to acquire ELITS, a consulting and competence companiy in IT operations for organizations with demanding infrastructure and high demands on security and compliance. Financial terms were not disclosed. "As part of Iver, we will accelerate our growth. Our experience from delivering IT operations in large organizations with extremely high demands and expertise in cloud-based infrastructure and new ways of working are key components when we help our customers in their digital transformation and agile transition. Our offer fits very well into Iver's portfolio and I look forward to us now working together to take a leading market position," Olle Hasselblad, ELITS CEO.

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