Nordic Capital-backed Conscia announces four acquisitions in a week expanding its presence within cyber-security, cloud transformation and managed services
September 21 2020
Conscia, the expert in IT infrastructure and security solutions has announced four acquisitions in the past week: Danish cyber-security specialist Credocom, Danish VMware consulting firm NetIT, Dutch cloud services provider Damecon and Swedish cloud services company SECOA.
Nordic Capital acquired Conscia in Spring 2019 in order to support the company’s fast-paced expansion in Europe, through an active buy and build strategy in new and existing geographies. In addition to the acquisitions announced the last week, Conscia acquired German technology company xevIT in Autumn 2019, taking the total number of acquisitions since Nordic Capital acquired Conscia to five, strengthening its market leading position and service offering.
Founded in Brøndby, Denmark in 2003, Conscia is one of the leading players in the Northern European IT infrastructure space within complex infrastructure solutions and managed services. Conscia builds and services some of Europe’s most complex IT security and networking infrastructures, and notably is recognised as one of the strongest integrators of Cisco solutions. Customers include some of the largest organisations within financial services, healthcare, and public sector organisations.
“Nordic Capital is delighted to be part of Conscia’s growth journey supporting the business through its continued international expansion strategy whilst also strengthening its offering within cybersecurity, multi-cloud and managed services. We are seeing increased interest from customers who want to make sure that their IT infrastructure is flexible, scalable and can withstand cyber-security attacks whilst also ensuring that their digital foundation is strong enough to support their future business opportunities,” said Fredrik Näslund, Partner, Nordic Capital Advisors.
The acquisitions further cement Nordic Capital’s expertise and outstanding track record in the Technology & Payments sector. Nordic Capital has made 17 Technology & Payment platform investments to date as well as many add-on acquisitions since its first acquisition in the sector in 2001.
Conscia is a Network of Knowledge and an ICT service provider that specialises in cyber security, IT infrastructure solutions, and managed services. As a trusted advisor Conscia strives to support the customers ‘business-critical IT infrastructure’ across the entire value chain from design, implementation, operation and optimization. The ambition is supported by profound technical competencies and insight, which is displayed through the unique customer portal, this also forms the basis for the best customer experiences and the highest customer satisfaction in the industry. Another strategic goal for Conscia is to be the most attractive workplace for talented IT infrastructure specialists in Europe. Currently Conscia Group has more than 750 employees across six countries (Denmark, Sweden, Norway, Germany, Netherlands, and Slovenia), with an annual turnover of approximately DKK 2,5bn DKK (€335mm). For more information, please visit Conscia.com