Clearwater International advises Infront IT Partner on its sale to ShortCap
Clearwater International has advised Infront IT-Partner, a leading supplier of IT-equipment, licenses and consultancy services for SME businesses on the sale of a 51% stake to ShortCap.
Founded by three entrepreneurs Johan Rosenqvist, Patrik Sandin and Henrik Enbom, Infront IT-Partner has grown rapidly since its establishment in 2011 and is one of the fastest-growing IT-retailers with a turnover of €40m (SKr 400m) and customer satisfaction of 95%, according to the latest customer survey. The business continues to be a strong competitor in the market.
ShortCap has a broad knowledge of IT-supply and IT-consultancy firms, which will provide possibilities for development and expansion of Infront IT-Partner. The new ownership will enable Infront IT-Partner to continue to grow and become an even stronger full-range supplier for both existing and new customers.