Tech Enabled Services

Candidator DGC

January 2019

BUYER

Candidator DGC, a portfolio company of EQT, is a leading Nordic managed IT services provider formed in April 2018 by combining Candidator and DGC IT Services. Candidator DGC offers capabilities for full IT outsourcing, providing their clients with contracted services including hosting, cloud and application management. The Company has c. 600 employees in Sweden and Norway with annual sales of c. SEK 1 billion. EQT is a leading global private equity firm with c. EUR 50 billion in raised capital across 28 funds. EQT Mid Market Europe targets high-quality mid-market companies in Northern Europe with strong market positions and growth potential.

TARGET

Ismotec, founded in 2006, is a customer oriented consulting company with extensive experience within M3, integration, IBMi and Microsoft Server. Through leading expertise, experience and partners, Ismotec enables customers to simplify, improve and secure their businesses. Ismotec currently has 25 employees and annual sales of SEK 45 million.

SELLER

The Company's founder and employees

TRANSACTION

An exclusively negotiated transaction

ROLE

HDR Partners advised Candidator DGC in relation to deal structure, valuation, negotiation and due diligence