South's digital solutions group ITGL snapped up by Denmark's Conscia
ITGL, the digital solutions firm, which employs more than 70 people at its sites in Portsmouth and Oxford, has been bought by Denmark-headquartered Conscia, a European provider of mission-critical IT infrastructure.
"The shared culture of technical excellence and commitment to long-term client relationships between both organisations makes this relationship a natural fit," said Neil Pemberton, the CEO of ITGL.
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"By tapping into Conscia’s international network and by leveraging its size and market position, we can deliver extra value while continually expanding and developing the business.
"Conscia has a strong track record for incorporating new companies and we are excited about what this will mean for ITGL as well as new and existing clients."
The deal marks Conscia's 17th acquisition in seven geographic markets over 10 years and spearheads its entry into the UK and Ireland markets.
Erik Bertman, Conscia's CEO, said: "The UK has a strong and expansive technology ecosystem and is one of the largest markets in Europe.
"Through ITGL’s forward-thinking technical know-how and industry experience, we will be well-placed to contribute to the region’s continued IT infrastructure growth and digital transformation. This is a significant milestone for Conscia and we’re looking forward to the opportunities that lie ahead for all parties."
Both companies are Cisco Gold Partners and Oliver Tuszik, president of Europe, the Middle East and Africa (EMEA) at tech conglomerate Cisco added: "Conscia and ITGL are already success stories in their own right.
"By uniting their strengths, these two Gold Partners are poised to deliver an unparalleled value proposition to Cisco customers.
"We eagerly anticipate the synergies and innovations that will emerge from this collaboration, propelling all involved toward even greater achievements."
Founded in 2003, Conscia, owned by private equity investor Nordic Capitak, employs over 1,020 people across six countries and serves more than 1,000 customers. These include five out of the six top Nordic banks and three out of every four hospitals in the Netherlands.