Conscia | Investments | Nordic Capital
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Conscia

IT Consultancy and Security

Conscia is one of the leading security and networking infrastructure specialists in Northern Europe. The company builds and services some of Europe’s most complex IT security and networking infrastructures, and notably is recognised as one of the strongest integrators of Cisco solutions.

Company Background

  • Market leader in the Northern European IT infrastructure space, with presence in Denmark, Germany, Norway, Slovenia, Sweden, the Netherlands and the UK.
  • Comprehensive offering of infrastructure solutions and managed services.
  • Diverse customer base, including some of the largest organisations in financial services, healthcare, and public sector organisations in Northern Europe.


Vision & Outlook

  • Building on Conscia's strong organic growth in combination with targeted acquisitions.
  • Further strengthening the company's market position and service offering.
  • Developing green IT solutions – investing in diverse IT talent and digital education.


Highlights & Updates

  • In 2019, Conscia acquired xevIT,. On top of being a Cisco Gold Partner in Germany with strong competencies within networking and communication solutions, xevIT has developed several unique solutions for the health care sector, including a communication platform that interconnects more than two million users.
  • Strengthened market position through four targeted acquisitions in the cyber-security, cloud transformation and managed services sector in 2020.
  • Announced three acquisitions in 2023: the Swedish consulting company Miradot as well as the two German ICT companies Ethcon and Lifecon.
  • Market entry into UK through the acquisition of ITGL, in 2024.
  • Acquired Swedish Splunk-specialist Siemify Software in 2024. The acquisition ensures Conscia’s ability to offer the highest expertise and partner level on Splunk.
  • Acquired Kanari Group, a leading provider of observability solutions for complex IT environments in the Nordic markets. Since Nordic Capital’s initial investment, 12 acquisitions have been completed.
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SECTOR

Technology & Payments

REVENUES 2023

EUR 595 million

EMPLOYEES

1010

OWNERSHIP

Fund IX

INVESTMENT DATE

2019

HEAD OFFICE

Brøndby, Denmark

MANAGEMENT

Erik Bertman

CEO

Jacob Bryde Christensen

CFO

CHAIRPERSON

Morten Hübbe

RESPONSIBLE ADVISOR

Fredrik Näslund

Partner | Chief Investment Process Officer | Head of Technology & Payments

Nordic Capital's Technology & Payments focus

Having invested in the sector for more than two decades, Nordic Capital is one of the most experienced Technology & Payments investors in Northern Europe. Focus is set on companies with great potential to drive superior growth and benefit from fundamental market trends.

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