A&O Group

a&o; group is one of the major European provider of IT services. With nearly 4,000 employees in Europe a&o; group proves customer proximity providing IT services for more than 1,000 reputable customers in 19 European countries. The company has suffered enormously by depressed IT investments and software updates in general and due to the take-over of its major customer EDS by Hewlett Packard. Sales and margins deteriorated in 2009 and 2010 forcing the a&o; Group to fire sell and liquidate its European operations. a&o; maintains its operations in the UK. Since 2008 Special Situations Venture Partners II has been holding the majority stake in a&o; group.