Advised IT-Ernity, a leading provider of managed services and shared hosting, on its recapitalisation and raising of growth capital from GMT and VSS

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to IT-Ernity Internet Services BV on its sale by GMT Communications Partners, VSS and management to TransIP.

IT-Ernity is a provider of business critical managed cloud services for SMEs in the Netherlands.

The combination of IT-Ernity and TransIP, which are each leaders in their respective, highly complementary market segments, will create one of the largest cloud service providers in the Dutch market capable of serving all customer types and needs as their requirements scale.

The sale of IT-Ernity further reinforces Arma’s market leading position in the cloud services sector and highlights our ability to identify the best buyers and deliver very successful strategic transactions.