March 31, 2021

C.A.G. Group AB acquires Cadeia AB. C.A.G. Group AB is a Swedish IT–company listed on Nasdaq First North Premier Growth Market with revenue of SEK 533 mill (FY2020) and approx. 370 employees. Cadeia AB is a specialist in Business Intelligence, Analytics and Corporate Performance Management, with key competences within Microsoft BI and the CPM platform Jedox. Cadeia AB has approx. 20 employees with revenue of SEK +20 mill for FY2019/2020 with an EBIT of SEK 3,5 mill. Cadeia AB becomes part of C.A.G. Arete and strengthens C.A.G’s business intelligence & analytics offering and adds new expertise in corporate performance management. 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.