Tech Enabled Services

Candidator

February 2018

BUYER

EQT is a leading global private equity firm with approx. EUR 38 billion under management across 25 funds. EQT Mid Market Europe targets high-quality mid-market companies in Northern Europe with strong market positions and growth potential.

TARGET

Established in 1997, Candidator is a rapidly growing managed IT services provider with capabilities for full IT outsourcing, providing its clients with mainly contractually recurring services, incl. cloud, hosting and application management. The Company has c. 300 employees in Sweden and Norway with annual sales of around SEK 450 million. Candidator has managed to build strong customer relationships within the SME segment by combining customer focus with high quality IT solutions.

SELLER

Sobro, the Company’s founders and other shareholders.

TRANSACTION

An exclusively negotiated transaction.