8. Conscia
Q1 deals: ITGL
M&A agenda
As Proact and Advania have shown, Nordic resellers have a penchant for UK expansion.
In February Danish networking specialist Conscia took its turn when it grabbed £27m-revenue Cisco Gold partner ITGL (which ranked 168th in the recent Oxygen 250).
Operating in Denmark, Sweden, Norway, Germany, the Netherlands, Slovenia and the UK, Nordic Capital-backed Conscia has made 18 acquisitions in ten years. Its revenues hit DKK 4.3bn (£494m) last year.
What they said
“The UK has a strong and expansive technology ecosystem and is one of the largest markets in Europe.
“Through ITGL’s forward-thinking technical know-how and industry experience, we will be well-placed to contribute to the region’s continued IT infrastructure growth and digital transformation,” – Conscia CEO Erik Bertman
Dazzling detail
Conscia claims to serve five out of the six top Nordic banks, and employs around 1,020 staff.
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