Intermediate Capital Group to acquire Iver from EQT.

Intermediate Capital Group, a UK-based global alternative asset manager, agreed to acquire Iver, a provider of IT services, from EQT Partners. The transaction is subject to customary conditions and approvals and is expected to close in August 2021. Financial terms were not disclosed. “Modern digital infrastructure is a fundament for accelerating digital innovation and protecting digital values. We are on an exciting journey, the support from the EQT has significantly contributed to helping us transform the business and accelerate growth by making substantial investments. We would like to thank the EQT team, as well as the Iver board, for their support and we look forward to the next phase in our development together with ICG," Carl-Magnus Månsson, Iver CEO.