Intermediate Capital Group (ICG) Acquires Iver from EQT Private Equity
July 2, 2021
Intermediate Capital Group plc (ICG) has agreed to acquire Iver Holding AB, a leading Nordic managed IT services provider, from EQT Private Equity (EQT Mid Market Europe fund). Iver, headquartered in Stockholm with more than 1,300 employees and strong multi-cloud, cybersecurity and IT outsourcing capabilities, was created by EQT through a merger and expanded via multiple add-ons; the transaction is expected to close in August 2021 for an undisclosed amount.
- Buyers
- Intermediate Capital Group plc (ICG)
- Targets
- Iver Holding AB
- Sellers
- EQT Private Equity (EQT Mid Market Europe fund)
- Industry
- IT Services
- Location
- Stockholm, Sweden
- Transaction Type
- Buyout
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