Agilitas, a pan-European private equity firm, today announces the buyout of Danoffice IT (the “Company”),a global value-added reseller of Information Technology and Information Systems to international organisations and businesses operating worldwide. Consideration on the transaction is not being disclosed.
Danoffice IT is headquartered in Svendborg, Denmark, with offices in several locations across the globe, providing high-value support to a wide range of international clients with significant cross-border operations and exposure to developing countries. Danoffice IT offers a one-stop-shopping platform with an array of products, services and logistical solutions, backed by professional and certified personnel ready to assist its client’s headquarters or local offices, anytime and anywhere. The Company generated revenues of approximately DKK 500 million in 2016.
Danoffice IT was founded in 1995 by Steen Nielsen (currently responsible for business development) and in 2001 Per Svehag joined the Company as partner andCEO. They are the two principal shareholders and both will re-invest and continue to stay involved in the business. Under their leadership, the Company has supported more than 250 organisations and corporates in over 163 countries. Danoffice IT is a recognized brand to multinational corporations and organisations who need a true global IT partner, supporting any need, wherever it may be. Danoffice IT has its headquarters in Denmark and regional offices in Kenya, Switzerland, USA and South America.
Commenting on today’s announcement, Martin Calderbank, Managing Partner at Agilitas, said: “Danoffice IT has a strong customer base with over 22 years of experience in exclusively supplying and servicing IT & IS equipment to international organisations, governmental and non-governmental organisations and business-to-business partners operating worldwide.”
Kevin Iermiin, Investment Executive at Agilitas and Danoffice IT Board member, added: “We look forward to partnering with Per and Steen and supporting the management team in bringing the business to the next level by broadening the service offering and expanding the customer base.”
Steen Nielsen and Per Svehag added: “We are very proud of what we have achieved with Danoffice IT and look forward to working with Agilitas to further developing the business.”
For media enquiries please contact Robin Hepburn at Waughton