Getronics Launches Investment Services Group

LONDON, Nov. 16, 2018 /PRNewswire-PRWeb/ -- Getronics, the global IT services group, 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:

o 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 digitalization will impact that business.

o 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 organization. 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 10m workspace assets around the world, across sectors, including manufacturing, retail, healthcare, transport, finance and government.

About Getronics:

Getronics is a global Information and Communication Techology service provider with an extensive history that extends over 130 years and is owned by Bottega InvestCo S.à r.l.

Our vision is to become the preferred partner in business transformation using technology and exceptional people, with a unique focus on happy clients by enabling happy employees. With nearly 9,000 employees in 23 countries across Europe, Asia Pacific, North and Latin America, Getronics' Transformation portfolio brings a strong capability and expertise around Managed Workspace, Applications, Industry Specific Software Solutions, Multi-Cloud Management, Unified Communications and Security services to provide a proactive, end-to-end portfolio to enable the digital user – business or consumer, in both public and private sector.

Getronics is the leading member in the Global Workspace Alliance, a unique model that provides customers with consistent IT services across 185 countries, with one single point of contact and billing entity. The GWA manages 10m workspace assets globally.

Press contacts:
Rose Ross for Getronics UK
Omarketing
Tel: +44 (0)20 8255 5225
Email: rose@omarketing.com

Gilberto Caparica Neto
Getronics
Tel: +34 67 629 4104
Email: gilberto.caparica@getronics.com
http://www.getronics.com/ 

SOURCE Getronics