With the acquisition of the American TPM provider, Evernex continues its international expansion course.Read more
Evernex, a European market leader for Third-Party Maintenance (TPM), intends to acquire Technogroup, a major TPM provider in the D/A/CH region. The closing of the transaction is subject to approval by the antitrust authorities. The intended merger will create a global company with a very broad presence and unique expertise in multi-vendor technical services for data center. These are in high demand and offer many advantages for companies, especially in these times of tight budgets. With TPM, savings of up to 70 percent can be achieved on maintenance.
Evernex, headquartered in Paris, maintains over 200,000 IT systems in approximately 160 countries, and has a global network of 34 offices. Technogroup has been in the market for 30 years and offers its 5,200 customers solutions such as maintenance, monitoring, network services or data center relocation. With the intended combination, both companies will strengthen their presence in key markets and expand their service offering.
“The combination of two market leaders such as Evernex and Technogroup offers unique opportunities for growth,” says Stanislas Pilot, President and CEO of Evernex, “The combined group is uniquely positioned in the market to support its customers and partners as a single point of contact, with a global network offering true global coverage.”
Klaus Stöckert, CEO of Technogroup, states: “Whether for medium-sized or large companies – the new group is close to our customers and partners and at the same time a global provider. By combining our strengths, we can make our expertise and service quality available to even more companies. At the same time, we will expand the product portfolio and thus provide even better support to the IT departments in their challenges.”
The core product of both companies – multi-vendor data center maintenance – is in demand. According to the analysts from the renowned research house Gardner, the service offers potential savings of 50 to 70 percent on maintenance. In addition, TPM allows the hardware to be used beyond the end of manufacturer support, which also contributes to sustainability and the careful use of resources.
With the intended combination of Evernex and Technogroup, 3i and Vitruvian Partners continue their successful investments in the growing TPM market. The 3i Group invested in Evernex in 2019, Vitruvian took over Technogroup in 2017.
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