Conscia | Technology & Payments | Nordic Capital | Nordic Capital

Conscia

Cybersecurity and managed services for mission-critical IT infrastructure

Conscia is a pan-European leader in cybersecurity and managed services for mission-critical IT infrastructure. The company secures and runs the digital backbone of essential, complex and regulated organisations, from hospitals and airports to utilities and public authorities, keeping them online and secure 24/7. Combining pan-European scale with local delivery, Conscia designs, delivers, and manages an integrated offering across cybersecurity, networking, hybrid and sovereign cloud, and observability that keeps systems protected, connected and high performing.

Company background

  • Headquartered in Copenhagen, Denmark with presence across 11 European countries, including Belgium, Finland, Germany, Ireland, Norway, Slovenia, Spain, Sweden, the Netherlands and the UK.
  • Integrated, service-led model covering the full lifecycle of customers' critical infrastructure, from architecture and implementation to 24/7 operation through Conscia's own network and security operations centres (NOC and SOC).
  • Serves more than 1,000 large customers in essential and regulated sectors across Europe, including healthcare, the public sector, utilities, financial services, manufacturing and transport.

Vision & outlook

  • Scaling managed services offering and expanding Conscia's security-first proposition, including managed detection and response (MDR), SOC services and incident response, as rising cyber threats and regulation such as NIS2 and DORA raise the bar for resilience.
  • Using AI and automation across Conscia’s operations centres and service delivery to scale efficiently and detect and respond to threats faster, while helping customers build and secure the high-performance infrastructure that AI adoption requires.
  • Combining organic growth with selective acquisitions in a fragmented European market.

Highlights & updates

  • Since Nordic Capital's investment in 2019, Conscia has completed 17 acquisitions, evolving from a Nordic-centric network specialist into a pan-European, security-first services platform.
  • In 2024, Conscia entered the UK market through the acquisition of ITGL, a digital transformation provider and Cisco Gold Partner.
  • Conscia added Splunk and observability expertise through the acquisitions of Siemify Software in Sweden and Kanari Group in Norway, and expanded its UK presence through Intuitive Systems and Networks.
  • Conscia entered the Irish market through the acquisition of PlanNet21 Group, a technology solutions and service provider.
  • In 2025, Conscia acquired Open Line, a leading Dutch managed cloud services provider and Conscia’s largest acquisition to date, and Dubex, a Danish cybersecurity specialist with deep expertise in advisory and managed security services, significantly strengthening its managed cloud and security capabilities.
  • Conscia has scaled its security operations from a single-country SOC to 24/7 coverage across its regions, combining AI-enabled threat detection and response with digital forensics and incident response expertise.
  • In 2025, Conscia repositioned its brand across all markets, reflecting its ambition to be Europe's leading secure digital infrastructure partner, combining cybersecurity and managed services.
New Logo Conscia

SECTOR

Technology & Payments

REVENUES 2025

EUR 885 million

EMPLOYEES

1,740

OWNERSHIP

Fund IX

INVESTMENT DATE

2019

HEAD OFFICE

Copenhagen, Denmark

MANAGEMENT

Lars Faeste

CEO

Jacob Bryde Christensen

CFO

CHAIRPERSON

Morten Hübbe

RESPONSIBLE ADVISOR

Aditya Desaraju

Managing Director

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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