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.