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Ascend advices ICG on its acquisition of Iver

12 July, 2021

We are happy to see that ICG partners with Iver to support their expansion, by acquiring Iver Holding AB from EQT and other shareholders. With ICG as a new owner, Iver shall continue their growth journey.

We would like to thank Peter Berglund and ICG for the opportunity to assist as advisors in this transaction, and we at Ascend want to give our warmest congratulations and wish all parties good luck on the growth journey ahead. 

Iver is a leader in the Nordic region in multi-cloud solutions with a proven ability to realize digital transformation for companies and organizations with high demands on IT infrastructure, regulatory compliance and cyber security. The Iver group employs approximately 1,400 people and has a turnover of approximately SEK 2.4 billion. 

ICG (Intermediate Capital Group) is a global alternative asset manager in private debt, credit and equity listed on the London Stock Exchange (LSE: ICP). ICG provides capital to help companies grow. ICG is a global alternative asset manager with over 30 years of history and manages USD 56 billion. 

Peter Berglund, investment professional Nordics at ICG comment: “We appreciate the support from Ascend in this transaction, as they provided a deep industry expertise within Cloud and IT Outsourcing as well as an in-depth understanding on the commercial capabilities needed to secure a continued growth”

Read more in ICG's press release.

 

Niklas Wiklund & Jonas Nodler

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