Deal announcement

goetzpartners advised Kartesia and Triton Debt Opportunities

11. Oktober 2022

goetzpartners advised Kartesia and Triton Debt Opportunities on their refinancing of Damovo with a Commercial Review

goetzpartners advised Kartesia and Triton Debt Opportunities ("Triton") with a Commercial Review during their refinancing of Damovo, a leading provider of managed services and communication solutions worldwide.

The Commercial Review included a comprehensive assessment of Damovo's target markets and service portfolio, with a particular focus on its abilities to cope with ongoing market trends, e.g., the shift from physical equipment towards more cloud-based services.

To substantiate the key financing highlights, goetzpartners conducted an analysis of the competitive dynamics in the IT services sector.

A thorough assessment of Damovo's positioning and KPC performance in relation to key competitors, whose strengths and weaknesses have been investigated in detail, underlined the company's capabilities to win customers and markets.

The project complements goetzpartners’ outstanding track record in providing strategic and commercial advisory services in the UCC and IT services space.

About Damovo
Damovo is a global provider of managed communication and collaboration services including unified communication and collaboration (“UCC”), enterprise network, contact centre, and security solutions. The Company has a local presence across Europe, the Americas and APAC, with a global support capability spanning over 150 countries, whilst serving a diversified customer base of c. 2,500 clients ranging from mid-market businesses to large enterprises and public entities.

About Kartesia and Triton
Kartesia is a pan-European specialist provider of financing solutions, focused on offering customised resources across the capital structure to leading small and mid-market companies from a wide range of industries. Kartesia manages over €5bn in assets and is operated by a team of 80 experienced professionals across investment and operating teams.

Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer, and healthcare sectors. Triton invests in and supports the positive development of medium-sized businesses headquartered in Europe. The companies currently in Triton’s portfolio have combined sales of around EUR 18.1 billion and employ around 106,000 employees. Triton Debt Opportunities (TDO) is the “all weather” opportunistic credit arm of the firm.

Transaction Team

Dr. Gerrit Schütte
Managing Director

Gerrit Bückins

Rosa Frehen

Gabriel Berenstein

Stefan Brückl