December 7, 2022
Lytzen IT is a leading managed service provider of cloud, network, collaboration and IT-infrastructure services in Denmark. Through the acquisition, both Lytzen IT and NetNordic will strengthen their competence and capacity to deliver market leading managed services and integrations in Denmark and the Nordic market.
Lytzen IT is a trusted partner with a core focus on managed service delivered to clients that need a trusted partner for mission critical infrastructure. As the complexity in IT operations and demand for capabilities and flexibility are increasing, Lytzen IT has grown steadily in the Danish market. Lytzen IT has spent the better part of a decade to establish a best-in-class managed service platform to enable top level cloud, network, collaboration and data center services for its clients. Lytzen IT has deep-seated capabilities to advise and support their customers in the major challenges of mission critical infrastructure.
“NetNordic has seen strong growth in Denmark during recent years, and we are excited to double the number of employees in the country. As a leading pan Nordic service provider, we see the acquisition as perfect timing to take the next level in Denmark as well as enhancing our Nordic capabilities”, says Jarl Øverby – CEO of NetNordic Group.
Lytzen IT is a strong fit for NetNordic, based on their competence and expert level within the various managed services, delivered to a remarkable strong customer portfolio. In NetNordic we place great importance in the cultural dimension, and we see a strong fit with Lytzen IT including our continued growth ambitions. Lytzen IT has an impressive level of capabilities and has over the years proved that they serve demanding customers with the highest quality. We look forward to contributing to the continued development in Denmark, says Ulrik Kjeldgaard – CEO of NetNordic Denmark.
”NetNordic has a strong position in the Nordics. We have been approached by many interested parties, but we have been waiting for the right one. We aim for accelerating our development in Denmark and the Nordics, and NetNordic is a perfect match for us. We strongly believe in our capabilities in managed service where partnerships with Cisco and Microsoft have played an important role. The combination with NetNordic bring new dimensions to our future which fit very strong to our clients and employees,” says Christian Foghsgaard – CEO Lytzen IT.
With this acquisition NetNordic increases its position in the Danish market and strengthens the groups capabilities in the Nordics.
Lytzen IT has 50 employees, located in Aalborg, Hjørring and Copenhagen, Denmark. Estimated revenue for 2022 is EUR 15 million. The management in Lytzen IT are reinvesting in NetNordic and will continue to focus on developing the business in Denmark and the Nordics.
Contact for further questions:
Jarl Øverby, CEO NetNordic Group,
email@example.com, +47 982 17 009
Ulrik Kjeldgaard, CEO NetNordic Denmark,
firstname.lastname@example.org, +45 22249358
Christian Foghsgaard, CEO Lytzen IT,
email@example.com, +45 42141614
NetNordic is a Nordic system integrator, specialized in the mission critical areas of network, security and collaboration. NetNordic deliver customer specialized solutions and services. We always strive to be our customers’ “Best Companion”, we want to help our customers with their digital enablement through design, delivery and management of next generation services and solutions. NetNordic is headquartered in Oslo. NetNordic has approximately 2 billion NOK revenue in 2022. After the acquisition, the company has approximately 570 employees in 17 offices in the Nordic countries, and our solutions are distributed through subsidiaries in Norway, Sweden, Denmark and Finland. Follow us on social media. Read more: www.netnordic.com
Lytzen IT A/S is a Danish managed service provider focused on cloud, network, collaboration and data center services. Lytzen IT has strong capabilities and has delivered mission critical IT services since 2001. Revenue of Lytzen IT in 2022 is estimated to MDKK 108 and is expected to grow double digits in the coming years. Number of personnel is 50. Read more: www.lytzenit.dk