Inspiration Capital Partners Completes its Acquisition of Antute
Inspiration Capital Partners (“ICP”) today announced that it has completed its acquisition of Antute (Beijing) Technology Limited (“Antute”), a leading provider of third-party maintenance (“TPM”) services for data center infrastructure and critical IT assets in China.
Founded in 2000, Antute provides premium hardware and software TPM maintenance and other professional services to over 1,000 enterprise customers, including commercial banks, securities brokerage firms, insurance companies, telecommunications companies, as well as government and public organizations from its 32 service centers in China. By extending the life cycle of IT equipment with its technical expertise, Antute makes a positive contribution to a greener economy.
Following the acquisition, ICP will support the company’s management team to strengthen its leadership position in China. With its strong technical capability and a wide footprint across China, Antute is strategically positioned to capture the growth opportunities in the TPM market driven by continued digitalization of the Chinese economy and increasing demand for high quality maintenance services for critical IT infrastructure.
Tim Li, Managing Partner of ICP, said, “We are delighted to invest in Antute. The team at Antute leads its competition in technical expertise and service quality. This investment will enable us to leverage our experience and resources in the sector to empower and partner with the management team to support the company’s next phase of growth and create positive impacts for all stakeholders.”
“We are pleased to partner with ICP,” Wing Leung, CEO of Antute, said: “ICP’s extensive relationships and deep understanding of the China’s business services sector will accelerate our growth as we continue to strengthen our product offerings. We look forward to servicing critical IT infrastructure for more enterprise customers in China.”
Source: Inspiration Capital Partners