TECHNOGROUP

Sector: Technology

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

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