Cybercom Group
MAY 2021Sector: Technology
Service: M&A
Our role
Exclusive financial adviser to Knowit (publ) on the acquisition of Cybercom from Formica Capital and JCE Group
Target
Cybercom was founded in 1995 and is a Swedish based IT consulting firm assisting its clients with digitalisation, IoT, secure connectivity and cloud services. In 2020, Cybercom had over 1,250 employees and recorded a sales of SEK 1.7 billion
Buyer
Knowit AB (publ), established in 1990, is a consultancy firm that supports its clients in the digital transformation. Offering include system development, data-driven customer experiences, IoT, cloud, cybersecurity, and management consulting. In 2020, the Knowit had sales of SEK 3.4 billion and around 2,200 employees. Knowit is listed on Nasdaq OMX Stockholm