M&A Deal Summary

Co-native Acquires Elastic Mobile

On May 26, 2023, Co-native acquired information technology company Elastic Mobile

Acquisition Highlights
  • This is Co-native’s 2nd transaction in the Information Technology sector.
  • This is Co-native’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2023-05-26
Target Elastic Mobile
Sector Information Technology
Buyer(s) Co-native
Deal Type Add-on Acquisition

Target

Elastic Mobile

Lund, Sweden
Elastic Mobile is an AWS-certified cloud engineering company that provides cloud migration, cloud optimization, digital transformation, and cloud security. Elastic Mobile was formed in 2009 and is based in Lund, Sweden.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Co-native

Stockholm, Sweden

Category Company
Founded 2022
Sector Information Technology
Employees80
Revenue 100M SEK (2021)
DESCRIPTION

Co-native is a cloud services group, that offers solutions for cloud and digital transformation. Co-native was founded in 2022 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Sweden M&A 2 of 3
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 Buzzcloud

Stockholm, Sweden

Buzzcloud is an AWS partner offering cloud-based consultancy services within infrastructure and development based on AWS technology. The company provides managed cloud services through recent investment into Cloudops, representing a key focus area going forward. Buzzcloud is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 Retune

Solna, Sweden

Retune builds on the insight the IT services of the future need to be scalable and automated, but also supported by swift and personal support. With public cloud services as the foundation and a deep knowledge within primarily Microsoft technology, Retune has created a service offering and delivery model that provides its customers with an efficient and secure IT environment, that is also future-proof. Retune was founded in 2011 and is based in Solna, Sweden.

Buy -