LONDON, UK, 5 December 2017 – Vitruvian Partners (“Vitruvian”) has acquired Technogroup GmbH (“Technogroup”) from the company’s founding shareholders and investors advised by Caldec Holding GmbH.
Technogroup, founded in 1990, is the leading third party maintenance (TPM) player in the DACH region. It provides insurance-like technology maintenance services and additional value-add services for IT systems in data centres in its core German speaking market and throughout Europe. Technogroup serves over 4,000 customers across a wide range of industries, both direct and through leading technology partners. It has over 240 employees across 25 offices and 12 logistics centres.
Technogroup is headquartered in Hochheim near Frankfurt, Germany, and has subsidiaries in Austria and Switzerland.
Ralf Dingeldein, CEO of Technogroup, said:
“We are excited about the opportunity to continue the Technogroup success story with the support of Vitruvian as an experienced investor in IT-services, building on the development plans first established when Caldec became a shareholder in 2013. We are looking forward to taking Technogroup to the next level, scaling a regional champion and extending the international footprint. We see this as a great opportunity for management and all employees of Technogroup to offer our services to data centre customers on a larger scale with the support of an international partner.”
Markus Metyas and Florian Wendelstadt of Caldec commented:
“Over the past five years, our involvement with Technogroup, its founders, management and employees developed into a truly successful partnership. As such we are honoured to have contributed to the company’s dynamic growth into a market leading TPM service provider. Today, Technogroup with the backing of Vitruvian’s team, capital base and expertise is ideally placed to continue this growth story.”
Claus Fischer, founder of Technogroup, is supportive of the transaction, will co-invest alongside Vitruvian and is ready to further support the Company going forward.