Sale of T Systems to Novia

Deal type
Sell your business / Carve out
June 2013
Countries involved
France / Germany


T-Systems is a Deutsche Telekom subsidiary delivering and operating ICT systems for multinational corporations.


Capitalmind has advised the Deutsche Telekom group on the sale of T-Systems France Systems Integration business, its application IT Services operations in France, to DACP Group


Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France

What we did

Capitalmind has worked very closely with Deutsche Telekom group to structure a sales process that took into account all the key criteria of Deutsche Telekom and to organize an efficient and highly competitive auction process within a very short timeframe.

Capitalmind has brought its strong knowledge of the industry and experience of divesting non core businesses from large groups, in particular regarding structuring, transaction preparation, process execution, anticipation of problems, French social process management.

We also provided effective day-to-day operational support to organize and execute a complex carve-out through an asset deal, as T-Systems France operations were spread over 5 regional footprints.

About the deal

Based over 5 locations and generating c. €60M revenues, T-Systems France Systems Integration business provides full service portfolio of applicative solutions to large French and/or international corporate clients within the automotive, financial services, manufacturing and other industries.

DACP is a French mid-sized group specialized in IT and Engineering services.