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

Solid Park, founded in 2005, provides IT-outsourcing services to SMEs in both the private and public sector. In addition, the Company offers advanced consultancy services within system development, system administration and IT infrastructure. Solid Park currently has c. 200 employees and annual sales of SEK 320 million. The Company has offices in Västerås, Stockholm, Norrköping, Linköping, Katrineholm and Motala.

SELLER

Bas Invest, the Company's founders, employees and other external investors

TRANSACTION

An exclusively negotiated transaction