Global investment firm The Carlyle Group has sold IT services business Evernex to 3i.
Evernex, which was formerly known as Cap Vert Finance, is headquartered in France and provides third-party maintenance services for data-centre infrastructure and critical IT assets.
Under Carlyle’s ownership, in the last four years the business has more than trebled its maintenance activities through international expansion, increasing the number of offices from 17 to 33 and the number of employees from 230 to 550. It has made five acquisitions in France, Spain, Brazil and Argentina.
In 2018 the group had a consolidated turnover of nearly $220 million (£176 million).
Stanislas Pilot, CEO of Evernex, said: “Carlyle has been a key partner in Evernex’s growth story over the past four years, and we would like to thank the CETP team for all the support they have given to the group. The fruits of our ambitious strategy and our unique customer engagement model have been reflected in our growth in key geographic zones, notably in EMEA and Latin America.”
Vladimir Lasocki, Managing Director and Co-Head of the CETP investment advisory team at The Carlyle Group, added: “Evernex stands out for its flexible customer engagement model and its truly global footprint. They have combined solid fundamentals in this buoyant segment of the IT market with the intelligent deployment of the group’s capacities as a consolidation platform.”