Transaction

Infront IT Partner sold to ShortCap

Transaction

Infront IT Partner sold to ShortCap

Sell-side

Undisclosed

Role

Adviser to Infront IT-Partner on its sale to ShortCap

Sector

Tech & Tech Services

Region

Sweden

Clearwater has advised Infront IT-Partner, a leading supplier of IT-equipment, licenses and consultancy services for SME businesses on the sale of a 51% stake to ShortCap.

Founded by three entrepreneurs Johan Rosenqvist, Patrik Sandin and Henrik Enbom, Infront IT-Partner has grown rapidly since its establishment in 2011 and is one of the fastest-growing IT-retailers with a turnover of €40m (SKr 400m) and customer satisfaction of 95%, according to the latest customer survey. The business continues to be a strong competitor in the market.

ShortCap has a broad knowledge of IT-supply and IT-consultancy firms, which will provide possibilities for development and expansion of Infront IT-Partner. The new ownership will enable Infront IT-Partner to continue to grow and become an even stronger full-range supplier for both existing and new customers.

Infront

The new ownership structure will give us the experience needed to further strengthen our service offering and continue to grow. Together with ShortCap, we’re looking forward to continuing our mission to be the best supplier to our clients.

Johan Rosenqvist, Founder, Infront IT-Partner
Infront

Together with the new owners, we will get new competencies within the board that will help us to develop Infront further.

Patrik Holmström, CEO, Infront IT-Partner

ShortCap invests in fast-growing and dynamic companies, some in the IT and internet markets. The founders of Infront have really impressed us. Through listening to their customers they have come up with an interesting business model in the SMB market that we believe in. Together with our experts in the sector, we think that Infront can accelerate its expansion and further grow its business.

Eric Severin, CEO, ShortCap

By focusing on the client, Infront has become a significant competitor in the sector in a very short time. Its position and strong growth generated much interest and following an intensive process Infront selected a partner that shared its future plans to move forward with. ShortCap brings access to a wide network and a wealth of competence that Infront can use to develop the company further and continue to grow.

Gustaf Plyhm, Partner, Clearwater

Advisers

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