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  5. HiQ Acquires Zool

M&A Deal Summary

HiQ Acquires Zool

On May 11, 2023, HiQ acquired information technology company Zool

Acquisition Highlights
  • This is HiQ’s 3rd transaction in the Information Technology sector.
  • This is HiQ’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2023-05-11
Target Zool
Sector Information Technology
Buyer(s) HiQ
Deal Type Add-on Acquisition

Target

Zool

Gothenburg, Sweden
Zool is a software solution and IT management service partner highly skilled within software development, DevOps, agile leadership, conceptual development and rapid prototyping. Zool was founded in 2016 and is based in Gothenburg, Sweden.

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Buyer(S) 1

Buyer

HiQ

Stockholm, Sweden
Category Company
Founded 1995
Sector Information Technology
Employees1,820
Revenue 1.4B SEK (2014)
DESCRIPTION

HiQ is an information technology (IT) and management consultancy company specializing in communications, software development, and business-critical IT in Sweden, Oresund, and Finland. HiQ was founded in 1995 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Sweden M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Scandio

Munich, Germany

Scandio is a digital transformation services company with a strong presence in Munich, Augsburg, and Berlin. Scandio’s offerings include IT consulting, agile / custom development, and cloud technology-enabled consulting solutions. Scandio was founded in 2003 and is based in Munich, Germany.

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