November 04, 2024
Translink Corporate Finance in Denmark advised the owners of XDC Gruppen A/S, a provider of comprehensive IT solutions designed to future-proof IT operations, on the sale to Digital Group A/S, a leader in print solutions and print-related software in the Danish market.
The acquisition enables both companies to offer enhanced, integrated solutions to their customers. XDC Group having successfully built and expanded into IT services, security and cloud solutions, which now accounts for 30% of its revenue, aligns perfectly with Digital Group’s strategy of delivering innovative customer-focused offerings.
Kasper Happel, CEO of Digital Group, said, “With print infrastructure moving to the cloud and being integrated other IT solutions, demand for flexible and secure solutions is increasing. The acquisition of XDC Gruppen allows us to meet this demand by offering, more comprehensive solutions that include both print and IT services. We want to strengthen our presence in Zealand to bring us closer to our customers”.
Thomas Augustesen, CEO of XDC Gruppen, expressed his excitement about the new partnership, saying, “We are looking forward to the journey together with Digital Group. Together we can create more robust solutions for our customers and leverage each other’s strengths to deliver future-proof IT and print solutions”.
XDC Gruppen will continue to operate under the same name and management, both companies committed to providing high quality and innovative solutions that increase flexibility and efficiency in their IT and print infrastructure.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance Denmark has – with over 25 years of experience – a strong position in the Danish M&A market, especially in the smaller and medium-sized companies. The company has been a part of Translink Corporate Finance for almost 20 years.