Advisor to DCC on the sale to Foxway
ATRIUM Partners acted as exclusive financial advisor to circular IT reseller DCC on the sale to Foxway.
DCC is one of the largest players in Europe within circular IT sales, providing a complete remarketing offering of new surplus, remanufactured and refurbished IT products from tier-1 brands. DCC has strong and long-lasting relationships with industry leading, blue-chip partners and a dedicated SME customer focus serving primarily resellers as well as end customers in selected markets. Since inception in 1995, DCC has expanded its network of customers and suppliers, and now sells its products to more than 3,500 customers in 50 countries. DCC has been able to leverage from the trends within sustainable procurement, which resulted in a record year in 2021 with a turnover of almost DKK 800 million.
Foxway is a European IT hardware company focusing on sustainable IT services and recycling and is owned by the Norwegian private equity firm Norvestor. Foxway believes DCC offers the right products and solutions to help Foxway reach the next level in delivering a complete portfolio of services and products to its customers worldwide.
ATRIUM completed a structured, competitive auction process involving strategic buyers and a large number of private equity funds.
"ATRIUM has been a strong partner for us in connection with the sale of DCC. Their experience and broad network were essential when finding the right partner and right price for DCC."
Kent Jeppesen, CEO and Owner, DCC