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New Deal


Announced

Completed

Triton-backed HiQ completed the acquisition of Scandio.

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

Cross Border

Acquisition

Friendly

Single Bidder

IT Services: Other

Germany

Private

Private Equity

it consulting

Completed

Synopsis

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Triton-backed HiQ, a provider of technology and communication solutions, completed the acquisition of Scandio, a digitization powerhouse and has outstanding competencies in IT-consulting, IoT, AI, cloud transformation. Financial terms were not disclosed. “I am really excited to welcome Scandio to the HiQ group. Scandio has a track record of rapid growth with a modern and agile way of working. The competitive edge that Scandio manifests in the DACH region in combination with HiQ’s deep technical know-how and strong offerings in research and technology, business critical IT, integration, innovation, design and communication – will be truly powerful. This is a significant step in our journey of building the Northern European leading tech consultant," Sven Ivar Mørch, HiQ CEO.

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