Axcel has acquired a majority stake in AddPro, a leading Swedish IT services provider, to accelerate its growth strategy and enhance service offerings.
Information on the Target
AddPro is a premier Swedish IT services provider founded in Malmö, Sweden, with over 20 years of growth and innovation in the industry. The company has established itself as a leader by delivering high-quality IT outsourcing, cloud integration, and digital workplace solutions, currently serving more than 900 clients and supporting them in achieving their core business objectives.
With approximately SEK 800 million in annual revenue and a dedicated workforce of nearly 350 employees, AddPro has built a strong reputation for customer service and expertise across the entire IT value chain. Their focus on providing managed infrastructure services has positioned them as a trusted partner in an evolving market characterized by increasing demand for outsourcing and cloud services.
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Industry Overview in Sweden
The IT services industry in Sweden is experiencing robust growth, fueled by the rapid adoption of digital technologies and the increasing need for businesses to rely on outsourci
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Axcel
invested in
AddPro
in 2023
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $76M