London, 14 October 2025
MDW Capital is pleased to announce the successful completion of its latest transaction. The Firm has advised Agilitas Private Equity LLP (“Agilitas”) on securing a revolving credit facility to fund working capital and support the buy-out of Tietoevry Tech Services (“TTS”), a leading IT services provider in the Nordic region, from Tietoevry. The transaction marks the start of an exciting new chapter for TTS as a standalone company, driving leading digital transformation across Nordic businesses and societies. TTS has also recently unveiled its new brand name, Vivicta, to be formally launched soon.
Headquartered in Helsinki and with a track record of over fifty years serving both Nordic and global customers, TTS is a provider of comprehensive, full-stack IT solutions, delivering end-to-end IT transformation services ranging from data and cloud services, application development, cybersecurity, automation, IT infrastructure, and managed services.
Agilitas mandated MDW Capital to arrange a super senior Revolving Credit Facility to support the ongoing working capital needs of the business, alongside a bond with Pareto as Global Coordinator and Bookrunner and OP as Joint Bookrunner.
Agilitas commented:
“We mandated MDW Capital for their comprehensive engagement and expert advice throughout the transaction. Their commitment to our investment objectives and success in arranging a super senior facility alongside a bond issue were critical to our ability to complete this complex carve out transaction.”
Jacco Brouwer, Partner at MDW Capital added “Huge congratulations to the Agilitas and TTS teams. The outlook for TTS as a standalone business is exciting; we look forward to seeing the business flourish with the backing of Agilitas, aided by a financing structure adapted to the expansion plans of the business. Delivering capital structures that enable the successful pursuit of growth plans is key for borrowers and their shareholders. MDW’s track record demonstrates our ability to accomplish this alongside a highly efficient process, working closely with the investment team and other advisers, and securing commercially critical terms.
MDW Capital has completed more than 90 transactions since its launch in September 2018. Our thanks go to Agilitas and all our other clients for their partnership with us as we continue to build our premier capital advisory firm.”
Contact details:
| Andrew Aylwin
M: +44 777 177 3411 |
David Culpan
M: +44 7734 388 762 |
Jacco Brouwer
M: +44 7561 805 501 |
About MDW Capital
MDW Capital provides specialist capital advisory services to companies and their shareholders. Primarily focused on the European market, and with a greater global reach when needed, MDW Capital’s mission is to solve clients’ capital challenges, using the team’s deep experience and relationships gained from raising in excess of €15 billion of capital, in more than 235 transactions across Europe, the US and the Far East, from over 75 lenders and more than 40 institutional investors.
The partners’ background as investors, lenders and borrowers brings a new perspective to capital advisory. Their background, track record and approach of partnering with companies over a number of years sets MDW Capital apart, whether advising or as a board member, managing or overseeing the long-term relationships with capital providers, or supporting management teams and investors throughout the life of an investment.
Most importantly, MDW understands that capital is about more than just the money.
About Agilitas
Agilitas is a pan-European, mid-market private equity firm. Funds advised by the firm invest in high-quality, defensible businesses with opportunities for significant step changes, creating long-term value. Agilitas has a patient, sector-focused approach to investing and a strong track-record of dramatically transforming companies by growing, improving, and strengthening their businesses.