Intermediate Capital Group-backed Iver Management to acquire Intiro Development.

Intermediate Capital Group-backed Iver Management, a Nordic provider of cloud-based IT-services, agreed to acquire Intiro Development, a specialist company with extensive expertise in system development. Financial terms were not disclosed. “We’re impressed by Intiro’s ability to provide high quality system development services for clients with complex requirements, and by the company’s in-house specialist expertise in this area. We’re also impressed by Intiro’s ability to attract and retain employees – proof that they offer an attractive and exciting environment in which to work. We are looking forward to Intiro becoming part of Iver and to the fact that, together, we will be able to offer additional expertise in system development, which is an area in which we are keen to grow,” Carl-Magnus Månsson, Iver CEO.