Transaction

Clearwater Denmark advises Dustin on its acquisition of Inventio

Transaction

Dustin acquired Inventio

Buy-side

Undisclosed

Role

Adviser to Dustin on its acquisition of Inventio

Sector

Tech & Tech Services

Region

Denmark

Clearwater has advised Dustin on its acquisition of Inventio.IT, a company specialising in hosting, IT infrastructure and ERP solutions.

Inventio.IT provides IT services predominately for small and medium-sized businesses. Inventio.IT offers standardised subscription services including hosting, process optimisation, operations and infrastructure, with a special focus on ERP solutions for companies in all regions of Denmark. The acquisition is supported by a strong customer portfolio match and offers great potential for Inventio.IT’s services in the future, ensuring steady growth for the company.

Dustin is a leading online-based IT partner in the Nordic countries and the Netherlands. The company provides IT services and solutions to companies, the public sector and private individuals. Dustin began its consolidation of the Danish IT services market in 2017, with the acquisition of NORRIQ’s cloud hosting and IT infrastructure services. With the acquisition of Inventio.IT, Dustin strengthens its service portfolio, enabling small and medium-sized companies to access high quality products and services online, whilst securing an established strong position in the Danish IT services market.

image 90

It has been a pleasure working together with Dustin on this acquisition. The acquisition of Inventio.IT will further strengthen Dustin’s position in the Danish market as well as expanding its service offering. The acquisition supports Dustin’s strategy of making it easier for small and medium-sized companies to buy both products and services online. This transaction marks our 10th deal in the Danish hosting and managed service sector. This once again confirms the current consolidation trend in a competitive market, with a continuously increasing demand for more complex services and competencies. Forecasts show no signs of declining growth in the sector, therefore, we expect to see the current high level of M&A activity in the hosting and managed service industry to continue throughout 2019

Per Surland, Partner and Head of TMT Denmark, Clearwater

Advisers

Transactions