ECIT AS has entered into an agreement with Qlosr Group AB to acquire the shares in Qlosr Group’s material subsidiaries operating within the IT sector in Sweden for a purchase price of appr. MSEK 300. Qlosr Group is an end-to-end partner in IT services and deliveries in Sweden, with customers in the private and public sector. Based in Norway, ECIT supports a large customer base with accounting, payroll, and IT services and has a proven model for acquisitions, having completed more than 135 acquisitions since 2013.
ECIT was advised by KANTER in the transaction.