Technogroup IT-Service GmbH
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Technogroup IT-Service GmbH - overview
Established
1990
Location
-, -, Germany
Primary Industry
IT Infrastructure
About
Based in Germany, Technogroup IT-Service GmbH provides specialized Third Party Maintenance (TPM) and comprehensive support services for data centers, ensuring the reliable operation of IT systems for various sectors. Technogroup IT-Service GmbH, founded in 1990 in Germany, focuses on offering maintenance solutions for IT infrastructures. The firm experienced a major strategic shift in June 2020 when Evernex Group SAS acquired a majority stake for EUR 49 million, with Vitruvian Partners reinvesting in the company. It operates globally with offices in over 165 countries, including major regions in Europe and North America.
Technogroup specializes in Third Party Maintenance (TPM) and comprehensive support services for data centers, focusing on reliable maintenance and repair solutions for IT systems across various sectors. Their core offerings include monitoring services, IMAC/R/D (Install, Move, Add, Change, Remove/Decommission), and financing solutions, all designed to ensure optimal functioning of clients' IT infrastructures. The company serves a diverse clientele, including small and medium-sized enterprises (SMEs) as well as large corporations, maintaining operational efficiency and minimizing downtime with a logistics network spanning over 330 locations worldwide, delivering over 850,000 spare parts to clients. In 2019, Technogroup reported a revenue of EUR 39,143,459.
30 and an EBITDA of EUR 6,816,034. 10. The company's revenue model is based on subscription services and long-term partnerships with businesses requiring ongoing IT maintenance and support, tailored to specific client needs through flexible pricing structures. Following the acquisition on June 22, 2020, Technogroup plans to leverage the new funding from Evernex Group SAS to enhance its product offerings and expand into new geographic markets.
The focus will be on increasing the range of services provided and targeting markets in Asia and North America by 2023, ensuring sustained growth and an improved service portfolio.
Current Investors
3i, Vitruvian Partners, Evernex Group SAS
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure
Website
www.technogroup.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Technogroup IT-Service GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Technogroup IT-Service GmbH | - | ||||||||
| Add-on | Completed | CPU Service Sp. z o.o. | - | ||||||||
| Secondary Buyout | Completed | Technogroup IT-Service GmbH | - | ||||||||
| Buyout | Completed | Technogroup IT-Service GmbH | - |
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