AAC Capital acquires Savaco, strengthening its position as a leading IT service provider in Belgium with this $37 million buyout. The transaction was led by D&A Corporate Finance on the buy-side and closed on April 20, 2018.

AcquirerAAC Capital (BE)
TargetSavaco (BE)
Type of DealBuyout
Deal Value$37m
Closing Date2018-04-20
Financial Advisors (Buy-side)D&A Corporate Finance

AAC Capital, a private equity firm based in Belgium, has taken a controlling stake in Savaco, a leading IT services company. The deal aims to support Savaco's growth plans and facilitate a smooth transition for the current management.

Deal Mechanics

The transaction was structured as a full buyout with AAC Capital acquiring 100% of Savaco’s shares for $37 million, an amount that reflects the company's strong fundamentals and future growth potential. The deal was announced on April 20, 2018, with D&A Corporate Finance handling financial advisory services for AAC Capital.

Strategic Rationale

AAC Capital’s investment in Savaco underscores its commitment to supporting local businesses with high-growth potential. The deal will enable the company to expand its service offerings and invest further into digital transformation solutions, thereby enhancing its competitive edge in the market.

Financial Context

Savaco has a proven track record of delivering high-quality IT services to over 250 customers across various sectors. With an annual revenue of €30 million, the company is well-positioned to capitalize on growth opportunities in the Belgian IT market.

Advisors

D&A Corporate Finance provided financial advisory services for AAC Capital. The sell-side advisors are not disclosed.

Outlook

The acquisition of Savaco marks AAC Capital’s third significant investment in Belgium, aligning with its strategic focus on mid-market buyouts within the Benelux region. With this partnership, Savaco aims to further solidify its reputation as a trusted IT solutions provider and continue fostering long-term value for its stakeholders.