Add-on Acquisition • Information Technology

Advania Acquires Painkiller

On December 20, 2021, Advania acquired information technology company Painkiller

Acquisition Context
  • This is Advania’s 8th transaction in the Information Technology sector.
  • This is Advania’s 2nd transaction in Norway.

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M&A Deal Summary

Date December 20, 2021
Target Painkiller
Sector Information Technology
Buyer(s) Advania
Deal Type Add-on Acquisition

Target Company

Painkiller

Oslo, Norway
Painkiller is a fast-growing and independent IT-security consulting and software company. Painkiller was founded in 2019 and is based in Oslo, Norway.
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Buyer Overview 1

Buyer

Advania

Stockholm, Sweden

Category Company
Sector Software
Employees3,956
DESCRIPTION

Advania is a provider of software, consulting, hardware, information technology operations, hosting, and data center services. The company specializes in providing customers with a diverse but integrated range of solutions and services, a competent and innovative professional staff, and proven managerial skills. Advania is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 12 of 21
Sector: Information Technology 8 of 16
Type: Add-on Acquisition 10 of 17
Country: Norway 2 of 4
Year: 2021 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 Content+Cloud

London, United Kingdom

Content+Cloud is a technology services business, digital transformation partner, and Managed Services Provider (MSP). It is a Microsoft partner in the UK, operating across all 3 Microsoft clouds, including Modern Workplace, Azure, and Dynamics, Content+Cloud helps clients transform the way they operate, optimize the way their people work, and provides flexible and secure platforms on which to operate. Content+Cloud was founded in 1998 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-16 Valtti

Espoo, Finland

Valtti is a full-service IT provider focusing on cloud and data center services, modern workplace services for Microsoft solutions, end-user support services, and cyber security. Valtti designs and implements digital services to support customers’ digital journeys. Valtti was founded in 2008 and is based in Espoo, Finland.

Buy -