NetNordic acquires Antigo Consulting

September 5, 2024

NetNordic acquires Antigo Consulting and with this take a strategic step in Sweden to expand the competence within software development. NetNordics’ role as a service provider and advanced system integrator poses both new requirements and opportunities, and with this acquisition NetNordic can add further value to their customers by joining forces together with Antigo Consulting. Antigo Consulting are very experienced and competent and has delivered critical development projects to several big Swedish companies.

NetNordic fulfills an important role as a system integrator and service provider in the Nordics with a focus on business-critical solutions and services. Our deep focus on security, network, interaction and cloud in combination with adjacent system and infrastructure expertise makes us very relevant for large and medium-sized customers in the Nordics. We look forward to applying this experience be able to further expand our customer dialogue,” says Jarl Øverby, CEO of NetNordic Group.

NetNordic has a very good experience in the Norwegian market with the added value that the software development expertise adds to the customer dialogue, and with our business in Sweden, which exceeds one billion in turnover, we have a size that makes this acquisition right both in terms of content and timing. Antigo Consulting’s competence-based platform, customer focus and solid culture are central parameters for the combination we are now joining together to develop”, continues Jarl Øverby, CEO of NetNordic Group.

Antigo Consulting’s competence-based platform, customer focus and solid culture are central parameters for the combination we are now joining together to develop

Quotee Jarl Øverby, CEO of NetNordic Group

NetNordic has grown strongly and systematically through organic growth in combination with several strategic acquisitions. The customer portfolio consists of businesses in the Nordic region and NetNordic delivers business-critical solutions and services within security, network, interaction and cloud. With the acquisition of Antigo Consulting, NetNordic has made more than 20 acquisitions since 2015. NetNordic is owned approx. 70% by Norvestor, while the rest is controlled by the company’s employees.

Antigo Consulting is a competence house that has developed a strong culture and a solid position with many Swedish companies. We have assessed various possibilities for our strategic development and through a dialogue with NetNordic we have found a partner that we see can complement and accelerate our future opportunities. NetNordic’s desire to include software development in its strategic customer position in Sweden and the already good experiences with this from Norway gave us a very strong belief in this new possibility. NetNordic Sweden has a solid customer position, and we look forward to the opportunities this provides. Antigo Consulting is the people and the expertise, and with our focus on culture, we have found a partner in NetNordic who shares the same focus on this as a success parameter. Antigo Consulting become shareholders in NetNordic Group as a part of this transaction and we look forward to continuing creating value for our employees and customers,” says Fredrik Engblom, CEO of Antigo Consulting AB.

Contact details for further questions:

Jarl Øverby, CEO NetNordic Group AS, jarl.overby@netnordic.com, +47 982 17 009.

Fredrik Rosman, CEO NetNordic Sweden AB, fredrik.rosman@netnordic.com, +46 73 151 56 65.

Fredrik Engblom, CEO Antigo Consulting AB, fredrik.engblom@antigo.se, +46 72 353 50 88.

Antigo Consulting

Antigo Consulting is a Swedish consulting company that is specialized in software development for the delivery of services and solutions for large and medium-sized businesses in both the public and private sectors. Antigo Consulting estimates a turnover in 2024 of 90 SEK million with an EBIT of approximately 10%. The business has approximately 40 employees and is owned by senior employees.

Read more: https://antigo.se/

antigo

NetNordic

NetNordic is a Nordic system integrator specialized in solutions and services within networks, security, cloud and interaction. NetNordic contributes to the secure and efficient implementation of business-critical solutions and services for large and medium-sized Nordic businesses in both the private and public sectors. Turnover in the year 2023 was 2.7 NOK billion. With the acquisition, the company is approaching 700 employees spread over subsidiaries in Norway, Sweden, Denmark and Finland.

Read more: https://netnordic.se/

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