One Equity Partners has agreed to acquire MCL, a German provider of IT consulting services and hardware. No financial terms were disclosed.
One Equity Partners (“OEP”), a leading middle market private equity firm, today announced that it has signed a definitive agreement to acquire MCL Computer & Zubehör GmbH (“MCL” or “the Company”), a leading provider of IT consulting services and hardware and software reseller. MCL’s management team rolled over a substantial portion of their ownership interests and retained a significant stake in the Company. Financial terms of the private transaction were not disclosed.
Headquartered in Böblingen, Germany, MCL provides a wide range of IT services, including networking, workspace, security, IoT, cloud, support and managed services from seven locations in Germany and Austria. The Company has more than 160 employees and holds premium partnerships with major vendors, such as HP, HPE and Lenovo.
“MCL is well positioned to meet the strong demand for next-generation cloud, digital infrastructure and IoT solutions, supported by its strong vendor relationships and unmatched technical expertise,” said Vittorio Palladino, Vice President at OEP. “This transaction reflects OEP’s ability to structure transactions with founder-owned companies that enable them to expand across the value chain and pursue new growth opportunities both organically and acquisitive. MCL’s value is especially evident in the current, challenging business environment as they provide clients with the systems and tools needed to ensure working remotely is seamless and productive,” added Dr. Jörg Zirener, Senior Managing Director at OEP.