December 2020

Advisor to Columbus on the divestment of To‑Increase to Gilde Buy Out Partners

ATRIUM acted as exclusive financial advisor to Columbus in connection with the divestment of To-Increase to Gilde Buy Out Partners for an Enterprise Value of EUR 113 million.

Columbus is a publicly listed international IT service and consultancy headquartered in Denmark with more than 2,000 employees worldwide.

To-Increase is a global leader in Azure cloud-based business applications built to extend the Microsoft Dynamics platform. To-Increase’s software solutions focus on two main domains – manufacturing vertical SaaS and horizontal SaaS.

To-Increase was acquired by Columbus in 2005 and has since then operated as a stand-alone subsidiary. Under the Columbus ownership, To-Increase has grown into an industry leader with +2,200 customers in +45 countries and a global network of +250 channel partners.

The divestment of To-Increase is part of Columbus’ strategic journey to become a true global consultancy, focusing on providing digital advisory to larger customers within its key industries.

Gilde Buy Out Partners is a leading private equity investor in the Benelux and DACH regions. Since its inception in 1982, Gilde has supported more than 250 companies to realize their growth ambitions.

ATRIUM completed a structured auction process with strong interest from a global field of bidders.

"ATRIUM has been a valuable partner in the sales process, managing a structured auction process with a broad field of interested bidders and ensuring a highly satisfactory outcome to both Columbus and To-Increase."

Jesper Bonde Gaihede, Head of Group M&A, Columbus A/S

Transaction type
Trade Value
EUR 113m
Structured auction
Software and IT