List of mergers and acquisitions by Advania

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Advania was formed in 2012 through the merger of several IT companies in Iceland, Sweden, and Norway, with roots dating back to the 20th century. [1] Before the formation of Advania, each country branch had evolved over time, with some expanding through mergers and acquisitions.

DateCompanyBusinessCountryReferences
18 November 2009EskillSoftware developmentFlag of Iceland.svg  Iceland [2] [3]
KögunSoftware developmentFlag of Iceland.svg  Iceland
Landsteinar StrengurSoftware development and retailFlag of Iceland.svg  Iceland
The three companies merged into Skýrr hf. Landsteinar Strengur had come to be when two companies, Landsteinar and Strengur respectively, merged. The three companies had been subsidiaries of Teymi.
19 November 2010EJSComputer and software retailFlag of Iceland.svg  Iceland [4] [5]
EJS had sold 58% of its shares to Skýrr. It merged into Skýrr hf on 19 November 2010. EJS had 190 employees and Skýrr hf 470 at the time of the merger.
16 November 2011THOR Data CenterData centreFlag of Iceland.svg  Iceland [6] [7]
Skýrr acquired THOR Data Center, the first data centre built in Iceland.
20 January 2012Aston BalticSoftware retailFlag of Latvia.svg  Latvia [8]
Hands ASSoftware development and retailFlag of Norway.svg  Norway
HugurAx ehfSoftware development and retailFlag of Iceland.svg  Iceland
Kerfi ABSoftware development and retailFlag of Sweden.svg  Sweden
Skýrr hfSoftware development and retailFlag of Iceland.svg  Iceland
All 5 companies merged and became Advania hf.

Acquisitions

Since its formation, Advania has acquired several companies across Northern Europe:[ citation needed ]

YearCompanyCountry
2015Knowledge Factory [9] Sweden
2015Tölvumiðlun [10] Iceland
2017CAPERIO [11] Sweden
2018Embla Solutions ehf.Iceland
2018STEPPER/NONorway
2019Vintor [12] Finland
2019Itello [13] Norway
2020Accountor ICT Oy [14] Finland
2020Kompetera [15] Denmark
2021Hi5 [16] Sweden
2021Genia [17] Denmark
2021Beveric [18] Finland
2021Visolit [19] Norway, Sweden
2022Content+Cloud [20] UK
2022Painkiller [21] Noregur
2022Azzure IT [22] UK
2022eXspend [23] Norway
2022Valtti [24] Finland
20223StepIT (Carve-Out) [25] Finland
2022Cloudio [26] Denmark
2023Edutukku OyFinland
2023Core ServicesFinland
2023RTS Group AB [27] Sweden
2024FixForum Oy (50%)Finland
2024Solv AS (Remaining 47%) [28] Norway
2024Servium Limited [29] UK
2024CCS Media [30] UK
2025Visuell Teknik [31] Sweden


References

  1. ↑ "Skýrr verður Advania". www.vb.is. Retrieved 2025-02-27.
  2. ↑ "Skýrr, Eskill, LS og Kögun sameinast í eitt fyrirtæki - Vísir". 18 November 2009.
  3. ↑ "Sk?rr, K?gun og Landsteinar Strengur sameinast ? Eitt fyrirt?ki - Fr?tt - AMX". Archived from the original on 2011-12-08. Retrieved 2012-04-23.
  4. ↑ "Rekstrarlausnir Skýrr sameinast EJS - Vísir". 11 October 2010.
  5. ↑ "EJS og rekstrarlausnir Skýrr sameinast".
  6. ↑ "Skýrr kaupir allt hlutafé í Thor Data Center - Vísir". 16 November 2011.
  7. ↑ "Skýrr kaupir Thor Data Center".
  8. ↑ "Sameinast undir heitinu Advania".
  9. ↑ "Acquisition of Knowledge factory". Bryan, Garnier & Co. Retrieved 2025-02-27.
  10. ↑ "Advania kaupir Tölvumiðlun". www.vb.is. Retrieved 2025-02-27.
  11. ↑ "Caperio Acquired by Advania". Bryan, Garnier & Co. Retrieved 2025-02-27.
  12. ↑ "Advania acquires Vintor – VIA equity". 2019-01-10. Retrieved 2025-02-27.
  13. ↑ "Advania acquires Itello". News Powered by Cision. 2019-08-19. Retrieved 2025-02-27.
  14. ↑ "Advania is growing in Finland – acquires Accountor ICT – VIA equity". 2020-01-08. Retrieved 2025-02-27.
  15. ↑ Novac, Dragos. "Kompetera was acquired by Advania". Nordic 9. Retrieved 2025-02-27.
  16. ↑ "Vinge has advised Advania, one of the leading IT companies in the Nordic region, in connection with its acquisition of 5 High Innovations AB". www.vinge.se. Retrieved 2025-02-27.
  17. ↑ "ADVANIA ACQUIRES GENIA – VIA equity". 2021-05-07. Retrieved 2025-02-27.
  18. ↑ "Advania acquires Beveric – VIA equity". 2021-06-24. Retrieved 2025-02-27.
  19. ↑ Verlkumar, Vidya (2021-08-10). "Advania announces the acquisition of Visolit". IK Partners. Retrieved 2025-02-27.
  20. ↑ admin (2021-12-09). "ECI announces sale of Content+Cloud for return of 4.1x - ECI Partners". ECI Partners - UK private equity firm. Retrieved 2025-02-27.
  21. ↑ "Advania keypti Painkiller". www.mbl.is (in Icelandic). Retrieved 2025-02-27.
  22. ↑ "Advania acquires Azzure IT, a UK-based Microsoft partner". MSDynamicsWorld.com. 2022-04-13. Retrieved 2025-02-27.
  23. ↑ "Advania acquires the Norwegian based IT consultancy eXspend – VIA equity". 2022-05-02. Retrieved 2025-02-27.
  24. ↑ "Advania to acquire Valtti, a Finnish full-service IT-provider from Adelis Equity Partners". News Powered by Cision. 2022-02-16. Retrieved 2025-02-27.
  25. ↑ "Advania Acquires 3 Step IT Group Oy - Front End Services | Mergr M&A Deal Summary". mergr.com. Retrieved 2025-02-27.
  26. ↑ "Advania AB acquires Cloudio A/S | Lundgrens". lundgrens.dk. 2022-11-16. Retrieved 2025-02-27.
  27. ↑ "Advania acquires RTS in Sweden". News Powered by Cision. 2023-10-10. Retrieved 2025-02-27.
  28. ↑ "Advania acquires Solv – VIA equity". 2024-03-18. Retrieved 2025-02-27.
  29. ↑ Gaini, Andrea. "Advania UK CEO talks Servium acquisition for direct resale capabilities". www.channelweb.co.uk. Retrieved 2025-02-27.
  30. ↑ Wigg, Thomas (2024-10-10). "Advania acquires UK based IT solution specialist CCS Media to further accelerate growth". IK Partners. Retrieved 2025-02-27.
  31. ↑ Ferretti, Paul. "Advania swoops Swedish Visuell Teknik". www.channelweb.co.uk. Retrieved 2025-02-27.
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