DC Advisory advises Diatec Graphic Products Limited on its sale to NTI Group

Background

• Diatec Graphic Products Limited (Diatec) is one of Ireland’s leading IT solutions providers and Autodesk product resellers serving the Architecture, Engineering & Construction (AEC) sector, with over 30 years’ experience in IT consulting, managed services, IT systems upgrades, migrations and application software deployment
• Diatec is Ireland's largest Platinum Autodesk Partner and holds Construction Cloud Elite Partner status, in recognition of meeting Autodesk's standards for customer success, service delivery and expertise
• NTI Group (NTI) is a leading full-service supplier of digital solutions for the construction, design, and manufacturing industries in Europe. NTI has been backed by Axcel, a private equity firm, since 2022

Process

• DC Advisory was engaged by Diatec to act as exclusive financial advisor on its sale to NTI
• DC Advisory worked with Diatec to engage a global group of potential acquirers aligned to the shareholders’ vision and commitment to supporting Diatec’s development plan
• DC Advisory leveraged its knowledge of the Business Tech Enabled Services space to identify a tailored group of appropriate buyers

Outcome

• In November 2023, Diatec was acquired by NTI
• The acquisition will support Diatec’s growth plans and further strengthen its position in the European Autodesk landscape
• This transaction further showcases DC Advisory’s expertise in the IT Services sector

"The effort put in by Raymond Donegan and Sarah Grouse at DC Advisory Ireland (IBI Corporate Finance) to get this deal over the line was immense, and the shareholders really appreciate you going the extra mile at every twist and turn."

“It was a pleasure to have supported Diatec in finding the right partner to enter its next growth phase. The Diatec shareholders are ambitious for the future of their business and wanted to partner with an Autodesk expert that shared their vison. A carefully managed process achieved the shareholders’ objectives and builds on the success DC Advisory has had in the IT Services Sector as it continues to consolidate across Europe.”