May 2023

Epico-IT A/S acquires Dynamant AB. Epico is a Danish IT-consultancy with revenues of DKK +700 mill. and profit of DKK 15 mill. (FY2022). Epico has HQ in Denmark and branches in Sweden, Poland, and the UK. Epico offers IT consulting services within SAP, SQL, Microsoft, Java, and more. Dynamant, establ. in 2006, with HQ in Stockholm, Sweden, offers specialized services within Mainframe System Development, Test Management, and Project Management. Dynamant will retain its name and offer IT consulting services within Mainframe in Sweden and Denmark. This is Epico’s first acquisition in Sweden and an important step towards a Scandinavian expansion.
LNP Corporate Finance advised the seller. 

Want to know more?

Contact us
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.