Polaris Private Equity V K/S has signed an agreement to acquire 7N A/S, a leading provider of freelance IT consultants in Denmark and Poland.
Target Information
Polaris Private Equity V K/S has entered into an agreement to acquire 7N A/S, a prominent provider of freelance IT consultants. Founded in Denmark, 7N operates from its headquarters in Copenhagen and boasts a significant global presence, with operations spanning seven countries. The company's core markets include Denmark and Poland, where it has achieved a remarkable revenue of over DKK 1,500 million in 2023.
Industry Overview in Denmark
The IT consultancy industry in Denmark has experienced robust growth, driven by increasing demand for specialized freelance consultants. The rise of digital transformation initiatives among businesses is a key factor fueling this trend, as companies seek to enhance their technological capabilities. Freelance IT consultants offer flexible and expert solutions, making them an attractive option for organizations looking to adapt swiftly to changing market demands.
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In recent years, the competition in the Danish IT consultancy space has intensified, with new entrants and established firms expanding their services. This dynamic environment encourages innovation and drives
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Polaris Private Equity V K/S
invested in
7N A/S
in 2023
in a Buyout deal
Disclosed details
Revenue: $217M