January 30, 2020

Vitec AB, listed on OMX Nasdaq, Stockholm, with approx. 700 employees and sales of SEK +1.000 mill. acquires the Danish software company Visiolink Management ApS with its subsidiaries. Visiolink offers a publishing system for digital versions of print media, for newspapers and media companies, with about 200 customers in 9 European countries. The Visiolink Group had sales of SEK 62.4 million in 2019, with an adjusted EBITDA of SEK 14.9 million. “I am pleased to see Vitec as the new owner of the company. It feels completely right considering its broad expertise within niche software and its market-leading position”, says Jens Funder Berg, CEO and founder of Visiolink. Read more in media. LNP Corporate Finance advised the Seller.

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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.