Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma revenue of 3.1 billion NOK per Q1 2023 and more than 2,300 employees across ten countries. M&A has been key to drive the Company’s growth as ECIT has completed more than 130 acquisitions since 2013.

ITsjefen AS, located in Trondheim, Norway delivers Datacenter services, Infrastructure services, IT Security and other IT services. ITsjefen is successful within Datacenter services to Enterprise customers from 3 own data centers located in Trondheim. ITsjefen AS has a revenue of 54.1 MNOK for the fiscal year ending 31.12.2022, according to local generally accepted accounting principles. Applying IFRS accounting standards, revenue for the fiscal year ending 31.12.2022 is reduced to 50.2 MNOK since software license revenue with certain characteristics is recognized on a net income basis.