Register
 (photo: Naveen Annam)
15.11.2018, 22:59

New Getronics Unit to Support Professional Investment Firms

Company News, EMEA
Global IT services group Getronics today launched a new technology and IT services division focused exclusively on meeting the needs of private equity and investment banking communities seeking to unlock or create new value from companies.

 

Getronics’ new Investment Services Group (ISG) will provide a one-stop IT shop for investors, spanning pre-transaction audit, initial integration, transformation and managed service/IT outsourcing propositions from Getronics’ core IT platform:

  • Pre-acquisition, ISG will leverage Getronics’ deep expertise to complement the due diligence activities of PE firms, auditing target companies for their value-creation potential: digital transformation expertise will help PE companies understand the IT landscape and business processes of their target and how digitalisation will impact that business.
  • Post-acquisition, ISG will deliver business transformation, addressing four key components of value creation – people, premises, procurement and performance – and providing the solutions that deliver it. Today’s fastest-growing PE-owned companies leverage the power of software, data analytics, IoT and machine-learning/AI, all of which are core Getronics competencies.

 

Uniquely, ISG will undertake these managed services/IT outsourcing contracts on a shared-risk basis, by pegging the commercial proposition to specific outcomes and deliverables.  This provides a focused engagement based on tangible business outcomes.  A 100-day plan is tracked via digital analytics, with dashboard technology extracting clean data from multiple sources to verify results.

 

Mark Cook, vice chairman of Getronics and managing director of the new Investment Services Group, said: “Newly PE-acquired companies have a clear revenue and cost synergy thesis to enable their financial success.  At ISG we are able to carry out pre-M&A due diligence and then commit to the financial outcomes identified in the business case, spanning technology transformation services, real estate as a service, procurement as a service, digital analytics and human capital management: a unique proposition for PE investors and their post-transaction operations teams.”

 

Chairman and Group CEO of Getronics, Nana Baffour, commented: “Getronics’ business transformation services are all about unlocking or creating value – for any organisation.  But our services are particularly priceless to PE and investment banking customers by virtue of their business model and what they do.  Digitally-driven businesses aren’t just the new normal, they are the new mandatory, especially in the PE world – but it requires genuine expertise to get it right.”

 

Getronics’ ISG division opens for business in January 2019.  Getronics already has several existing private equity customers, including Advent International, The Carlyle Group, Fidelity Investments and Terra Firma.

 

Getronics boasts a direct presence in over 40 countries, with service operations in 185 countries.  It supports 10 million workspace assets around the world, across sectors including manufacturing, retail, healthcare, transport, finance and government.

 

 

Article rating:

vote data

Leave a reply

 (photo: Rentokil Initial plc)
News Editor  - 01.03.2018, 08:30

Strong Growth from Rentokil Initial

FTSE 100 business services group Rentokil Initial has announced revenue growth of 14.5 per cent and on-going operating profits of 14.8 per cent in preliminary results for the year ended 31 December...

The Pembury Tavern. (photo: )
Delta Security  - 17.10.2018, 09:40

Delta Security Upgrades Security at Hackney Pub

Delta Security s helping to protect patrons, staff and property at Hackney’s Pembury Tavern with the installation of a new security system, including an IP-based CCTV solution, roller shutters and...

 (photo: Sodexo APAC)
Sodexo S.A.  - 09.11.2018, 14:41

Sodexo APAC Embraces Latest Workplace Trends

Sodexo's new APAC House regional headquarters building in Singapore incorporates a suite of digital innovations designed to make work life simpler, more productive and, above all, more enjoyable.

(Photograph courtesy of Tookapic). (photo: )
Marissa Francis  - 05.03.2018, 17:13

The Definition of 'Clever'

Marissa Francis, Heating Ventilation and Air Conditioning (HVAC) Improver with ABM UK, explains why university isn't the only route into facilities management.

New chargepoint installation at Southampton Airport. (photo: Southampton Airport)
AGS Airports  - 26.03.2018, 11:30

Southampton Airport Adds EV Chargepoints

Southampton Airport is helping power the growing number of electric vehicle (EV) drivers on UK roads with the installation of seven new Pod Point 7kW chargepoints in its short stay and priority...

Penn State University. (photo: )
FM Editor  - 03.04.2019, 19:36

BACnet Site Manager for Big Building Networks

Vancouver, BC based Optigo Networks will be releasing its Visual BACnet Site Manager aggregation tool for different capture nodes across building and campus networks on 25 April. The tool was...

 (photo: Seeley International)
Seeley International  - 21.12.2018, 09:56

Climate Control Middle East Award for Alsaeed HVAC

Seeley International is proud to announce its distributor in Saudi Arabia, Alsaeed HVAC, has been announced as the winner of the Editor's Choice award at the Climate Control Middle East awards for...