The UK’s 3i Group is reportedly considering the sale of the French IT firm Evernex as part of its ongoing strategic exit plans. This move highlights 3i Group’s effort to streamline its portfolio and focus on core investment areas.
Evernex specializes in IT lifecycle services, offering hardware and software maintenance, IT asset management, and cloud services. The firm’s position in the European market makes it an attractive asset for potential buyers looking to expand their IT services footprint.
The decision to contemplate the sale aligns with 3i Group’s broader strategy to optimize returns and reallocate capital towards higher growth sectors. Stakeholders anticipate that this divestment could unlock significant value for the investment firm.
Industry experts suggest that the sale process may attract interest from private equity firms and strategic buyers alike, given Evernex’s robust market presence and growth potential.
As the situation develops, 3i Group is expected to follow a deliberate and structured approach to maximize proceeds from the potential transaction, ensuring alignment with shareholder interests.
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