M&A Deal Summary

Lumera Acquires Eikos AS

On August 20, 2019, Lumera acquired business services company Eikos AS

Acquisition Highlights
  • This is Lumera’s 1st transaction in the Business Services sector.
  • This is Lumera’s 1st transaction in Norway.

M&A Deal Summary

Date 2019-08-20
Target Eikos AS
Sector Business Services
Buyer(s) Lumera
Deal Type Add-on Acquisition

Target

Eikos AS

Oslo, Norway
Eikos AS is an actuarial consulting firm providing systems and services to pension funds and suppliers within the financial industry. Eikos is based in Oslo, Norway.

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Buyer(S) 1

Buyer

Lumera

Stockholm, Sweden

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Lumera is a provider of policy administration systems and digital solutions in the nordic life and pension industry, offering long-term solutions that enable automation and digitalization of business processes as well as innovative business development. Lumera was founded in 2003 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Norway M&A 1 of 1
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 ITM

London, United Kingdom

ITM specialises in technology-led data audit, management, administration and migration services, working with pension funds, providers, trusts and administrators as well as other generalist financial institutions. ITM solves complex data problems for the pensions and insurance industry using technology and expertise. ITM was founded in 2003 and is based in London, United Kingdom.

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