Agilitas signs agreement to back the buy-out of NNIT’s IT infrastructure outsourcing business
The leading pan-European private equity firm, Agilitas, has signed an agreement to acquire NNIT’s IT infrastructure outsourcing business including its Hybrid Cloud Solutions business and select parts of its Cloud & Digital Solutions business ("NNIT IO"). NNIT IO is a leading provider of IT infrastructure outsourcing services to some of the largest Danish private and public institutions. Plesner acted as legal counsel for Agilitas in the transaction.
Agilitas signs agreement to back the buy-out of the NNIT IO-business.
Headquartered in Copenhagen, Denmark, NNIT IO has over 25 years of experience and traces its origin to the Novo Nordisk Group. NNIT IO specializes in managing customers’ business critical IT systems, providing full and customized outsourcing solutions e.g. data storage, servers, networks, advising and support services such as IT consulting services in relation to the cloud transition and cyber defense.
NNIT IO employs approximately 1,500 staff in Denmark, China, the Czech Republic and the Philippines and has a well-invested asset base, including two fully owned state of the art data centres strategically located in the Copenhagen area.
NNIT IO has long-standing relationships with large Danish blue-chip customers within the life-science sector, financial institutions, and the private and public markets, all of whom have critical IT requirements due to operating in complex environments.
Agilitas has extensive experience of leading investments in Denmark, and a strong enthusiasm for the Danish IT market, having previously backed the buyouts of several Danish companies.
Closing of the transaction is subject to the successful completion of the carve-out and regulatory approvals. The carve-out is expected to take 6 months and Henrik Bodskov will start as CEO of the IO business following closing of the transaction, as he transitions out of his current role at IBM Denmark.
Plesner's core team on the transaction was Henrik Rossing Lønberg, Martin Anton Svarrer, Tina Kang, Michael Hur Berthelsen, Jacob Nygaard, Peter Stassen, Jacob Falsner, Lise Aaby Nielsen, Christian Cold, Kristian Vinter Bisgaard, Mia Cecilie Johansen and Regitze Bech Petersen.
