Target Information

Agilitas Private Equity LLP, a renowned pan-European mid-market private equity firm, has successfully completed the buy-out of Aeven, previously NNIT’s IT infrastructure outsourcing division. This milestone follows Agilitas's initial announcement on June 22, 2023, regarding their intent to acquire the business. Aeven takes this opportunity to introduce its new branding, signifying the commencement of an exciting new chapter as an independent entity.

Based in Copenhagen, Denmark, Aeven boasts over 30 years of expertise in managing critical IT systems for its clientele. The company specializes in providing comprehensive and customized outsourcing solutions, which encompass data storage, server management, networking, and advisory services. In addition to these offerings, Aeven provides IT consulting services focused on cloud transitions and cyber defense, making it a competitive provider in the Danish market.

Industry Overview

The Danish IT services industry has seen robust growth in recent years, driven by a surge in demand for IT infrastructure and cloud services. Organizations have increasingly realized the strategic importance of reliable IT systems, especially as digital transformation becomes a top priority across sectors. As a result, companies like Aeven that offer bespoke solutions tailored to diverse customer needs have thrived in this environment.

In Denmark, the market is characterized by a mixture of established local firms and international players, all competing for a slice of the growing demand for IT outsourcing. The presence of government initiatives aimed at enhancing digital capabilities also supports the expansion of the IT services sector, facilitating partnerships between public institutions and private firms.

Moreover, the emphasis on data security and compliance has become paramount, particularly in sensitive sectors such as life sciences and finance. Organizations seek local providers that can adhere to stringent regulations while ensuring the security of their data, further enhancing Aeven's value proposition in the marketplace.

With rising concerns about data sovereignty, Aeven’s ability to store and manage critical data within Denmark gives it a competitive edge. This market differentiation positions the company favorably as businesses prioritize data locality and security.

The Rationale Behind the Deal

The acquisition of Aeven aligns perfectly with Agilitas's strategic focus on investing in businesses that leverage technology to provide essential services. By securing Aeven, Agilitas aims to benefit from the company’s established market presence and growth potential in a rapidly evolving industry.

Furthermore, as a standalone company, Aeven is expected to enhance its operational efficiency and decision-making capabilities, empowering it to respond more adeptly to the dynamic IT landscape. Agilitas’s backing will likely provide the necessary resources for Aeven to innovate and expand its offerings, thereby attracting a broader clientele.

Investor Information

Agilitas Private Equity LLP specializes in acquiring mid-market companies across Europe with strong growth potential. The firm takes a hands-on approach, working collaboratively with portfolio companies to drive operational improvements and growth strategies. With a deep understanding of the technology sector, Agilitas is well-positioned to support Aeven as it embarks on its path as an independent company.

Agilitas’s track record in private equity investments showcases its skill in identifying high-potential businesses and implementing effective strategies to enhance their value. This expertise will be crucial in Aeven's journey as it seeks to capitalize on opportunities within the IT services domain.

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In our expert opinion, the buy-out of Aeven by Agilitas presents a strong investment opportunity. Given the increasing demand for IT infrastructure and the unique value proposition offered by Aeven, the firm is likely to experience sustained growth in the coming years. Agilitas’s strategic support can further enhance Aeven’s capabilities, allowing it to compete effectively in a crowded market.

The emphasis on data locality and compliance within Denmark’s IT services industry also works in Aeven’s favor, as organizations prioritize local providers that secure their data. This focus not only strengthens Aeven's position but also opens avenues for future partnerships with critical sectors such as healthcare and finance.

Overall, with a well-invested asset base and a strong reputation among blue-chip clients, Aeven is poised for success. The combination of Agilitas's expertise and Aeven's established market presence makes this deal a promising opportunity for both entities moving forward.

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