Polaris has acquired the Microsoft Dynamics consulting firm Cepheo, which operates in Denmark, Sweden, and Norway, aiming to enhance its presence in the Nordic IT consulting market.
Information on the Target
Polaris has successfully acquired a prominent Microsoft Dynamics consulting firm operating in Denmark, Sweden, and Norway. This firm, which will now operate under the brand 'Cepheo', boasts a workforce of approximately 400 dedicated professionals. With established relationships with over 1,500 clients, Cepheo has demonstrated its capability as a trusted digital partner, fostering long-term collaborations and delivering effective solutions tailored to client needs.
The newly formed Cepheo aims to solidify its position as the preferred digital business partner across the Nordic region. The strategic direction is focused on maximizing service excellence and customer satisfaction by leveraging their extensive experience and deep industry knowledge.
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Industry Overview in the Target’s Specific Country
The Nordic region is experiencing robust growth in the IT consulting sector, particularly in digital transformation services driven by the increasing demand for cloud solutions and enterprise resource planning (ERP)
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Polaris
invested in
Cepheo
in 2023
in a Management Buyout / Buy-In (MBO) deal