M&A Deal Summary

Acando Acquires Abeo AS

On September 14, 2007, Acando acquired information technology company Abeo AS for 49M NOK

Acquisition Highlights
  • This is Acando’s 2nd transaction in the Information Technology sector.
  • This is Acando’s 0th largest (disclosed) transaction.
  • This is Acando’s 1st transaction in Norway.

M&A Deal Summary
Date 2007-09-14
Target Abeo AS
Sector Information Technology
Buyer(s) Acando
Deal Type Add-on Acquisition
Deal Value 49M NOK

Target

Abeo AS

Oslo, Norway
Abeo AS is an Norwegian IT consultancy company with experience and knowledge within strategy, project management, architecture, integration and systems development. Abeo has offices in Oslo and Trondheim and is market leader within the healthcare sector in Norway.

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Buyer(S) 1

Buyer

Acando

Stockholm, Sweden
Category Company
Sector Business Services
Revenue 2.8B SEK (2018)
DESCRIPTION

Acando is a consulting company whose business concept is to create business value in partnership with its customers by enhancing and streamlining processes, organizations, and digital solutions. Acando is based in Stockholm, Sweden.

DEAL STATS #
Overall 3 of 14
Sector (Information Technology) 2 of 9
Type (Add-on Acquisition) 3 of 14
Country (Norway) 1 of 4
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-06 Deva Management Consulting

Västerås, Sweden

Deva Management Consulting is a management consulting firm based in Sweden. Its consulting services include: mergers and acquisition, product and market strategies, change management and communication.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-30 March IT A/S

Denmark

March IT has offices in Copenhagen and Århus and is a market leader in SAP mobile and SAP logistics with many distinguished clients in the private and the public sector.

Buy -
Mergr

Product

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