June 22, 2020 – Evernex, a leading European third-party maintenance (TPM) provider, intends to acquire Technogroup, the leading TPM provider in the D / A / CH region. The completion of the transaction is subject to approval by the anti-trust authorities. The proposed merger creates a global company with a very broad presence and unique expertise for cross-vendor technical services in the data center. These enjoy high demand and offer many advantages for companies, especially in times of tight budgets. Up to 70 percent savings can be achieved with TPM.
Evernex, headquartered in Paris, maintains over 200,000 IT systems in approximately 160 countries and has a global network of 34 branches. Technogroup has been on the market for 30 years and offers its 5,200 customers solutions such as maintenance, monitoring, network services or data center relocations. With the proposed merger, both companies are strengthening their presence in important markets and can expand their range of services.
“The merger of market leaders like Evernex and Technogroup offers unique growth opportunities,” said Stanislas Pilot, President and CEO of Evernex. “The combined group has an exceptional position in the market to support its customers and partners as a single point of contact – with a global network that offers real global coverage.”
Klaus Stöckert, CEO of Technogroup, emphasizes: “Whether for medium-sized companies or large companies – the new group is close to our customers and partners and at the same time a global provider. By pooling our strengths, we can make our expertise and service quality available to even more companies. At the same time, we will expand the product portfolio and thus support the IT areas even better with their challenges. “
The core product of both companies – cross-manufacturer data center maintenance – is in demand. According to the Gartner analyst firm, the service offers savings potential of 50 to 70 percent. In addition, with TPM, the hardware can be used beyond the end of manufacturer support, which also benefits sustainability and the careful use of resources.
With the intended merger of Evernex and Technogroup, 3i and Vitruvian Partners are continuing their successful investments in the growing TPM market. The 3i Group invested in Evernex in 2019, Vitruvian took over Technogroup in 2017.