2e2 sold its Dutch IT Service Management Consulting activities to Logicalis Group

The UK-based 2e2 Group sold its Dutch IT Service Management activities (‘2e2 Consulting’) to the Logicalis Group. The Dutch 2e2 subsidiary is a provider of IT Service Management consulting, solutions and services, and will operate from now on as Logicalis SMC (Service Management Consultancy). In 2012, 2e2 Consulting realised a turnover of approximately EUR 13 million with 120 employees.

2e2 (www.2e2.com) is an international IT Services organisation with offices in the United Kingdom, Spain and the Netherlands. The company specialises in providing IT services in the areas of managed services, networking, management and consultancy, focused on complex IT infrastructures. 2e2 realised a turnover of GBP 400 million with approximately 2,000 employees in 2011. In January 2013, 2e2 Group fell into administration.

Logicalis (www.logicalis.com) is an international IT solutions and managed services provider that employs almost 3,000 people worldwide and serves over 6,000 corporate and public sector clients. In 2011 the Logicalis Group realised a turnover of over GBP 780 million, from operations in the UK, US, Germany, South America and Asia Pacific.

The Logicalis Group is a division of Datatec Limited, listed on the Johannesburg and London AIM Stock Exchanges.

PhiDelphi Corporate Finance acted as adviser to the seller.

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