TheVIT Group AS acquires BIWise A/S
TheVIT Group AS, backed by Explore Equity AS, acquires BIWise A/S. TheVIT is a Nordic fast-growing consultancy within technology, data and business development, with more than 110 employees and a 2024 turnover of 150 million NOK, headquartered in Norway with subsidiaries in Denmark. BIWise, established in 2010 and based in Copenhagen, is a recognised technology-independent Business Intelligence consultancy with expertise in BI strategy, data warehousing, analytics, reporting and AI/ML. Through the acquisition, BIWise gains access to TheVIT’s larger technology environment, broader service portfolio and increased delivery capacity. This strengthens BIWise’s ability to support its clients end-to-end while maintaining its corporate identity and core competencies, and supports TheVIT’s ambition to build a leading Nordic powerhouse within data and technology. Read more in the media. LNP Corporate Finance advised the seller.