April 7, 2021

EG A/S acquires FrontAvenue A/S. EG A/S is a Scandinavian technology partner with more than 1400 employees working from 20 locations in Scandinavia and Poland. FrontAvenue A/S develops and sells cloud-based business administration systems to a broad range of clients such as municipalities, government institutions etc. ”We have known EG through many years of cooperation and feel that EG is a perfect match for FrontAvenue. As part of EG, SafetyNet can continue to be developed in close dialogue with our customers, and we can reach more customers in Denmark and the Nordic countries, says CEO Jesper Friis, FrontAvenue A/S.
Read more in Media. LNP Corporate Finance advised the Seller.

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About the deal:

Epico-IT acquires Twins Consulting ApS

Epico-IT A/S acquires Twins Consulting ApS. Epico, founded in 2009, is a Danish IT consultancy with offices in Denmark, Sweden, Norway and Poland, and a network of 13,000+ IT specialists. Twins Consulting, established in 2002 and headquartered in Denmark, specializes in headhunting and recruitment of freelance IT professionals for leading clients in the financial sector. This acquisition marks a strategic step in Epico’s ambition to strengthen its position within the financial, pension, and insurance sectors. Twins Consulting will retain its name and continue offering services within IT freelancing and recruitment as part of the Epico group, while gaining access to Epico’s extensive Nordic infrastructure, global specialist network, and broader service portfolio. LNP Corporate Finance advised the seller.