Announced

Intermediate Capital Group to acquire Iver Holding from EQT Partners.

Synopsis

Intermediate Capital Group, an asset management and private equity firm, agreed to acquire Iver Holding, a partner within multi-cloud solutions in the Nordics, from EQT Partners, a private equity firm. Financial terms were not disclosed. “We have followed Iver’s growth trajectory for some time and are delighted to announce our partnership today. As demonstrated by the company’s growth in market share and undeniable success in its field, we believe there is huge further opportunity for Iver and are excited to support management on this next phase of growth,” Peter Berglund, ICG Associate Director.

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