Press Release

Kirkland Advises Vitruvian on Sale of Technogroup to Evernex

Kirkland & Ellis advises Vitruvian Partners on the sale of Technogroup to 3i-backed Evernex, a global international provider of third-party maintenance (TPM) services for data centre infrastructure. 
3i will invest €47m of additional capital to finance the transaction, with the Evernex management team also reinvesting €2m.

Headquartered in Paris, France, Evernex maintains over 200,000 IT systems in c. 160 countries and has a global network of 34 offices. 3i invested in Evernex in October 2019.
Technogroup, headquartered in Hochheim near Frankfurt, Germany, was founded in 1990 and is the leading TPM player in the DACH region and Poland. The company serves over 5,200 customers with 290 employees and over 50 service centres in Germany, Austria, Switzerland and Poland.

Vitruvian Partners is an international growth equity firm headquartered in London with offices across Stockholm, Munich, Luxembourg, San Francisco and Shanghai. Vitruvian focuses on dynamic situations characterized by rapid growth and change across asset-light industries. Vitruvian funds have c. €5bn AUM.

Kirkland & Ellis had already advised Vitruvian on the acquisition of Technogroup IT-Service GmbH in 2017.

The Kirkland team was led by transactional partners Attila Oldag, Dr. Alexander Längsfeld, Laurent Victor-Michel, Dr. Thomas Wilson; and included associates Dr. Christoph Jerger, Greta-Josefin Harnisch, Christina Albath, Guillaume Nivault and Louis Gosset; and antitrust and competition associate Philipp Gnatzy.