Nordic Capital Fund IX (‘Nordic Capital’) has entered into an agreement to acquire Conscia Holding A/S (‘Conscia’) from the majority shareholder Axcel.
Founded in 2003, Conscia is a leading European provider of secure IT-infrastructure solutions centered around Cisco and other category leaders. The company focuses on delivering end-to-end secure IT-infrastructure solutions enabling clients to fully benefit from Conscia’s best-in-class engineering capabilities. As such, Conscia builds and services some of Europe’s most complex IT security and networking infrastructures, and is recognised as one of the strongest integrators of Cisco solutions. Conscia has gradually expanded its geographical operations and today the company is present in Denmark, Norway, Sweden, The Netherlands and Slovenia. The company is the #1 independent Cisco partner in Northern Europe and expects to realise DKK ~2bn in revenue for 2019.