PE Deals

Ardian sells majority stake in IT managed services provider Trustteam to Rivean Capital

Ardian reports that Trustteam grew rapidly both organically and through M&A, completing 6 add-ons in Belgium and France since 2018.

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  • Trustteam has tripled its revenues in the last few years
  • France now represents more than 30% of the group’s revenues
  • Trustteam is an IT managed services provider

Ardian has today announced it is to sell its majority stake in Trustteam to Rivean Capital. Trusteam is an IT managed services provider headquartered in Kortrijk, Beligum.

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