Technology

Technogroup

A leading provider of third party maintenance services to businesses in the DACH region

December 2017
Investment Date
Germany
Country

Business Overview

  • Leading provider of third party maintenance services to businesses in the DACH region
  • Offers a broad range of data centre and network hardware services including repairs, remote system management, outsourcing of technology teams and implementation or roll-outs
  • Service centres predominantly in Germany, with additional centres in Austria and Switzerland

 

Investment Thesis

  • Largest third party IT maintenance provider in the DACH region 

  • Counter-cyclical business model as a cost effective alternative to original equipment manufacturer (“OEM”) service contracts

  • High recurring revenues with a broad blue-chip customer base of over 4,000 clients    

Origination

  • Originated through a strong relationship with the debt advisor, Marlborough Partners and the sponsor, Vitruvian Partners

  • PCS3 acted as sole lender

  • Primary transaction

http://www.technogroup.com/en/