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New Deal


Announced

Agilitas Private to acquire the infrastructure operations business from NNIT for $213m.

Financials

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Transaction Value£173m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Single Bidder

Business Process Outsourcing

Denmark

Private Equity

Majority

Pending

outsourcing services

Private

Friendly

Synopsis

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Agilitas Private, a private equity firm, agreed to acquire the infrastructure operations business from NNIT, a Denmark-based company that offers consultancy services, for $213m. "We are pleased to enter into this agreement to sell our infrastructure outsourcing business to funds advised by Agilitas and establish NNIT as a highly specialized IT services provider focusing exclusively on our core areas within life sciences and cloud and digital solutions. The transaction will enable accelerated investments in services, customer experiences and growth initiatives to build a more focused business with higher margin expectations. The new NNIT will build critical mass and pursue specific business opportunities in our core business areas, while simultaneously launching agile services and entering innovative partnerships to create customer value," Pär Fors, NNIT CEO.

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