May 2019
Agilitas, the pan-European mid-market private equity firm, is pleased to announce that its portfolio company Danoffice IT (“Danoffice”) has entered into an agreement to acquire Datacon Enterprise Solution A/S (“DCES”). This is the first add-on acquisition for Danoffice since Agilitas’s buyout of the company in November 2017.
Danoffice is a supplier of IT solutions to a wide range of international clients with significant cross-border operations and exposure to developing countries. Danoffice provides high value support to deliver IT material in a compliant and secure manner. Customers include the United Nations and other charities, IGOs and NGOs with critical operations in remote parts of the globe. The company is headquartered in Svendborg, Denmark, with offices in several locations worldwide.
DCES primarily focuses on private and public customers, including large Danish corporates with subsidiaries in more than 80 countries. DCES has approximately 50 employees and is headquartered in Allerød, Denmark.
Lars Baun Jensen, CEO of Danoffice, said: “We are excited to unlock the potential of the combined businesses, as DCES brings strong IT infrastructure knowledge, sales expertise and complementary services to Danoffice, along with many skilled employees. This will strengthen our services to the United Nations and NGO customer base and help to grow our corporate platform.”
Jan Misser, Founder and CEO of DCES, said: “We believe it will be a great benefit to DCES to become a part of Danoffice. Both companies are growing quickly and together they will become a major IT supplier in Denmark and internationally.”
Kevin Iermiin, of Agilitas and member of the Danoffice Board, commented: “The acquisition of DCES is an important strategic investment for Danoffice, as it will play a vital part in supporting the company’s transformation plan.”
Commenting of the acquisition, Martin Calderbank, Managing Partner at Agilitas, said: “The DCES acquisition is a key milestone in the development of Danoffice. It brings the expertise to expand further the company’s customer base into the corporate space and create additional cross-border delivery capabilities.”
The parties have agreed not to disclose the terms of the acquisition.
The transaction will close once the Danish Competition and Consumer Authority have released approval.
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