February 1,  2020

Consit Gruppen A/S acquires the majority of the shares in Twins Solutions ApS. Consit Gruppen  is a group of the IT-companies: Dynateam A/S, Consit A/S, Nordic NDC and now most recently Twins Solutions ApS. Since 1997, Consit Gruppen has provided IT services in the areas of ERP, BI, CRM and ESDH, while Twins Solutions is a highly recognized digital agency, which since 2003 has provided digital solutions such as the CMS, e-commerce and digital platforms. After the merger, the two companies will have more than 250 customers. The CEO Morten Skovby of Consit Gruppen says that the merger “Is in many ways a really good match”. 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.