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2021-01-31_15-25-20

ECIT AS hereby announce that the Danish IT-company Prosys ApS has been acquired by ECIT. The acquisition adds to ECIT`s market position and footprint within Managed Services, Cloud and infrastructure, including advisory services and IT-support.

ECIT`s subsidiary ECIT Solutions A/S is acquiring 100 % of the shares in Prosys. The acquisition has been settled in cash, and Prosys will be merged into ECIT Solutions A/S.

- The acquisition strengthens ECIT`s IT and Cloud services portfolio and our position within managed services and IT advisory. Prosys` services and customer portfolio complements the IT-division and ECIT's footprint in Denmark. We are pleased to welcome customers and employees of Prosys to ECIT, says Peter Lauring, CEO in ECIT.

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About Prosys ApS

Prosys, located in Greater Copenhagen area, Denmark, is a Danish Managed IT Services Provider supporting medium to large customers and their digital transformation, through managed IT-services, cloud- and network operations. Prosys has 5 employees and a 2021 revenue at 7 MDKK. For further information on Prosys visit https://prosys.dk

About ECIT

ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.

Read more at: www.ecit.com

For further information please contact:

Iselin Paulsen, Head of Communication
Iselin.paulsen@ecit.com
+47 901 40 166

Mads Skovgaard, Group CFO
mskovgaard@ecit.com
+45 2780 4942

Disclaimer

Ecit AS published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 16:03:15 UTC.

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