Conscia | Investments | Nordic Capital

Conscia

Cybersecurity and managed services

Conscia is a pan-European leader in cybersecurity and managed services for mission-critical IT infrastructure. The company secures and runs complex digital infrastructure for large organisations. With global expertise and a local presence, Conscia designs, delivers, and manages cybersecurity, networking, hybrid cloud, and observability solutions that keep systems protected, connected and high performing.

Company Background

  • Headquartered in Denmark with presence across Belgium, Finland, Germany, Ireland, Norway, Slovenia, Sweden, the Netherlands and the UK.
  • With global expertise and local presence, Conscia designs, delivers, and manages cybersecurity, networking, hybrid cloud, and observability solutions that keep systems protected, connected, and high performing.
  • Diverse customer base, including some of the largest organisations in multiple sectors, including finance, healthcare, manufacturing, utilities, retail, and the public sector in Northern Europe.


Vision & Outlook

  • Building on Conscia's strong organic growth in combination with targeted acquisitions.
  • Further strengthening the company's market position and service offering.
  • Developing green IT solutions – investing in diverse IT talent and digital education.


Highlights & Updates

  • In 2019, Conscia acquired xevIT. On top of being a Cisco Gold Partner in Germany with strong competencies within networking and communication solutions, xevIT has developed unique solutions for the healthcare sector, including a communication platform that connects more than two million users.
  • Strengthened market position through four targeted acquisitions in the cyber-security, cloud transformation and managed services sector in 2020.
  • Announced three acquisitions in 2023: the Swedish consulting company Miradot as well as the two German ICT companies Ethcon and Lifecon.
  • In 2024, market entry into UK through the acquisition of ITGL.
  • Acquired Swedish Splunk-specialist Siemify Software in 2024. The ensures Conscia’s ability to offer the highest expertise and partner level on Splunk.
  • Acquired Kanari Group, a leading provider of observability solutions for complex IT environments in the Nordic markets.
  • Acquired PlanNet21 Group, a leading technology solutions and service provider in Ireland, marking Conscia’s entry into Ireland.
  • Acquired Intuitive Systems and Networks to fuel expansion in the commercial sector in the UK.
  • With the acquisition of Silta, Conscia made its entry into Belgium, continuing its pan-European expansion to support customers across the Benelux region.
  • In 2025, Conscia acquired Dubex, a Danish cybersecurity specialist with deep expertise in advisory and managed security services, to further strengthen its cybersecurity competencies as part of broader European growth strategy.
New Logo Conscia

SECTOR

Technology & Payments

REVENUES 2024

EUR 555 million

EMPLOYEES

c.1,300

OWNERSHIP

Fund IX

INVESTMENT DATE

2019

HEAD OFFICE

Brøndby, Denmark

MANAGEMENT

Erik Bertman

CEO

Jacob Bryde Christensen

CFO

CHAIRPERSON

Morten Hübbe

RESPONSIBLE ADVISOR

Fredrik Näslund

Partner | Chief Investment Process Officer | Head of Technology & Payments

Nordic Capital's Technology & Payments focus

Having invested in the sector for more than two decades, Nordic Capital is one of the most experienced Technology & Payments investors in Northern Europe. Focus is set on companies with great potential to drive superior growth and benefit from fundamental market trends.

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