Adelis has agreed to sell netIP, a Danish managed IT services provider, to Synova, according to PE Hub. The transaction was reported by PE Hub in a post published two days ago, according to PE Hub.
Parties and asset
NetIP is described as a managed IT services provider to Danish SMEs, according to PE Hub. NetIP has more than 270 employees across 11 offices, according to PE Hub.
Geographic and sector classification
PE Hub categorized the item under TMT, according to the publication’s posting. PE Hub also tagged the post with “Europe” and “TMT,” according to PE Hub.
What is not disclosed
PE Hub’s post does not disclose the value of the sale or any deal terms beyond Adelis agreeing the sale of netIP to Synova, according to PE Hub. PE Hub’s post does not provide additional detail on timing, financing, or regulatory approvals for the transaction, according to PE Hub.
Context
Managed IT services providers typically support small and medium-sized enterprises with outsourced IT functions, which is widely known context. PE Hub’s excerpt specifically describes netIP as providing managed IT services to Danish SMEs, according to PE Hub.
