Sale of DMsave to Topnordic
ATRIUM Partners advised DMsave
Sale of DMsave to Topnordic
Sector(s) : TMT
Date : March 2007
Advisor(s) : Atrium Partners
Advised : Sell Side
Mid-Capital partner ATRIUM Partners advised DMsave
ATRIUM Partners acted as financial advisor in connection with the sale of DMsave to Topnordic. DMsave was owned 50/50 by IBM and ITS Finans.
DMsave is a strong and well-managed growth company that markets and sells selective outsourcing services within remote backup, archiving and WAN etc. on the B2B market.
In 2005, DMsave was awarded with a Sovereign Award by Computerworld Denmark as the # 1 IT services company within the category “Drift & udvikling” (Operation and Development).
DMsave’s customer base includes several of Denmark’s largest public institutions and private companies. The acquisition of DMsave supports and expands Topnordic’s current service and outsourcing business in Denmark. This business currently employs more than 300 specialized consultants and generates more than DKK 300 million of revenue annually.
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