CCIT: Danish IT Firm Secures Minority Investment from Pride Capital Partners

Deal News | Feb 27, 2025 | Pride Capital Partners BV

CCIT: Danish IT Firm Secures Minority Investment from Pride Capital Partners

Pride Capital Partners, a private equity firm, has taken a minority stake in Danish IT services company CCIT, marking its second platform investment in Denmark. The firm will aid CCIT in executing its organic growth plans and accelerating its buy-and-build strategy. Founded in 2020, CCIT has quickly expanded from a copy and print provider to a comprehensive IT services company, with offerings that include IT infrastructure, managed services, and consulting. Based in Odense with additional offices in Albertslund and Fredericia, CCIT caters to a diverse client base that includes SMEs, large enterprises, and public institutions. It has demonstrated growth through acquisitions, having acquired companies such as IT Attention and IT Business Partner in 2022. Partnering with Pride Capital Partners allows CCIT to access capital, expertise, and support for further acquisitions and expansion within the Danish IT market.

Sectors

  • Information Technology
  • Private Equity

Geography

  • Denmark – CCIT is based in Denmark with offices in Odense, Albertslund, and Fredericia, and provides IT services across the country.

Industry

  • Information Technology – CCIT operates within the IT services sector, focusing on IT infrastructure, managed services, Microsoft solutions, and consulting.
  • Private Equity – Pride Capital Partners is a private equity firm making strategic investments in companies like CCIT.

Financials

  • Minority stake – Pride Capital Partners acquires a minority stake in CCIT to support its growth strategy.

Participants

NameRoleTypeDescription
CCITTarget CompanyCompanyA Danish IT services company offering IT infrastructure, managed services, Microsoft solutions, document solutions, and consulting.
Pride Capital PartnersBidding CompanyCompanyA private equity firm investing in CCIT to support its growth and acquisition strategy.
Hans Drke BlochCEO of CCITPersonChief Executive Officer of CCIT overseeing the company's strategic growth and acquisitions.
Lars van t HoenderdaalManaging Partner at Pride Capital PartnersPersonManaging Partner at Pride Capital Partners responsible for the investment in CCIT.