DataCenter Finland adds Adelis to ownership base – aim is to create the leading IT services company focusing on the SME segment in Finland
DataCenter Finland (DCF) has in recent years grown organically and through acquisitions into Finland’s leading independent cloud provider. Now DCF has decided to accelerate its growth. Supported by Adelis Equity Partners the goal is to become the leading Finnish IT services provider focusing on mid-sized companies.
DataCenter Finland has in recent years become the leading provider of cloud services to mid-sized companies. The company has invested significantly into its operations by building a strong IT infrastructure and cloud services focused organization and by building two modern datacenters. Organic growth has been accelerated by acquisitions and the company’s turnover is expected to exceed 20 million euros in 2018.
To enable its next growth phase, including larger acquisitions, DCF has partnered with Adelis. DCF’s aim is to create the leading IT services provider focused on mid-sized companies in Finland by investing heavily into its own organization and by pursuing further acquisitions.
”After building a strong foundation within IT infrastructure and private cloud services, we want to evolve into a holistic IT services provider. Our plan is to expand our offering especially within information security, holistic IT architecture and modern end-user solutions coupled with excellent service desk and onsite support services. Our strong customer relationships and our organization’s deep technical expertise creates a strong platform from which to introduce these new services. We are excited to get a strong partner to support us on this path. The Adelis team’s previous experience from the Danish and Swedish IT services markets brings very valuable know-how to us”, says Atte Kekkonen, CEO of DataCenter Finland.
”It is highly motivating for us at Adelis to join forces with DCF. We have previously supported IT Relation and AddPro in becoming the leading IT services providers focused on mid-sized companies in Denmark and Sweden. Now we have found a partner in Finland to support on a similar journey. DCF’s strong IT infrastructure capabilities create a good base for the planned broadening of the service offering. The biggest winner from this development will be the Finnish SME sector”, says Rasmus Molander from Adelis.
Adelis becomes the majority owner of DCF through the transaction. The company’s current owners, including management, will remain as significant owners. In addition, the founder and CEO of AddPro, Nicklas Persson, will invest into DCF and join its board of directors. The transaction is subject to customary regulatory approvals.
For further information:
DataCenter Finland: Atte Kekkonen, CEO, +358 40 505 5020
Adelis Equity Partners: Rasmus Molander, Partner, +46 730 823 74 33
Adelis Equity Partners: Joel Russ, Partner, +46 73 543 90 68
DataCenter Finland is an IT infrastructure and cloud services provider focused on mid-sized companies. Local customer service is the foundation for all of its operations. The company has revenues of approximately EUR 21 million, operates two modern datacenters in the Helsinki capital region and employs c. 80 IT experts.www.datacenter.fi
Adelis Equity Partners
Adelis is an active partner in creating value at mid-sized Nordic companies. Adelis was founded with the goal of building the leading middle market private equity firm in the Nordics. Since raising its first fund in 2013, Adelis has been one of the most active investors in the Nordic middle-market, acquiring 18 companies and making more than 40 add-on acquisitions. Adelis now manages approximately €1 billion in capital. For more information please visitwww.adelisequity.com.