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With the purchase, Conscia enters the market in Ireland
Conscia is a leading European provider of secure services and solutions within cyber security and IT networks for business-critical IT infrastructure in large organisations.
The company acquires the PlanNet21 Group (PlanNet21 Communications Ltd, Agile Networks Ltd and eCom Solutions Ltd), which is a leading provider of cyber security and IT network services operating in the Irish and UK markets.
Conscia and PlanNet21 Group have both provided cyber security, secure network solutions, IT infrastructure and hybrid cloud solutions to public organizations and private companies for more than 20 years. Both companies are strongly committed to translating their deep technical skills and insight into value for customers. A cornerstone of both Conscia and PlanNet21 Group is their long-standing partnerships with leading global technology partners.
CEO Erik Bertman, Conscia Group
“I am very happy to welcome both customers and the talented employees from PlanNet21 Group to Conscia, and we look forward to working together in Ireland and in our other markets. There is a strong commercial and cultural match, which will result in extremely attractive value propositions for customers,” says CEO Erik Bertman, Conscia Group.
PlanNet21 Group is a competence leader on the Irish market with strong growth and a turnover close to 70 million euros in 2022/23. The company is headquartered in Dublin, Ireland, with regional offices in Cork, Galway, Belfast and Edinburgh, Scotland. PlanNet21 Group has approximately 300 customers within the public sector and in the private business world, primarily within technology, media and telecommunications.
Conscia designs, implements and manages secure services and solutions within cyber security and IT networks. The company serves more than 1,000 customers in Europe in finance, healthcare, industry, energy supply, retail and the public sector. Conscia has offices in Denmark, Germany, Norway, Slovenia, Sweden, the Netherlands and Great Britain and is owned by private equity investor Nordic Capital. Conscia has enjoyed remarkable growth both organically and through acquisitions, with the overall business, including the PlanNet21 Group, generating revenue in excess of €700 million in 2022/23.
“With Conscia, we can accelerate our development through improved offers for customers and a pan-European presence. They bring financial strength and scale to our network capabilities and are an attractive owner for us through their position as a leading player in cyber security, based on award-winning services and solutions, combined with data insight through their Managed Detection and Response and Security Information and Event platforms Management,” says CEO Peter Carroll, PlanNet21 Group.
PlanNet21 Group has eight core solutions and service offerings with advanced industry-specific specialties within enterprise networks, cyber security, cloud, data centers, and unified communications and collaboration as well as contact center services and customized software solutions.
“Nordic Capital is happy to be part of Conscia’s growth journey and the company’s continued strategy for international expansion. PlanNet21 Group is a perfect match, and combined with the strong culture and skilled employees in both companies, Conscia will be able to accelerate its growth further. The deal marks Conscia’s entry into Ireland and strengthens the company’s position as a leading European player that provides a complete package of solutions and services within cyber security and IT networks to customers across markets,” says Rolf Torsøe, Managing Director, Nordic Capital Advisors.
PlanNet21 Group is Conscia’s 20th acquisition across eight European geographic markets and follows Conscia’s acquisition of UK digital transformation provider ITGL and Nordic observability specialist Kanari Group earlier this year.
The parties agree not to disclose financial details of the transaction, and completion is subject to regulatory approval and customary closing conditions.
PlanNet21 Group
PlanNet21 Group, founded in 1998, is a privately held, award-winning technology solutions provider headquartered in Dublin, Ireland. With over 200 employees, PlanNet21 has offices in Dublin, Cork, Galway, Belfast and Edinburgh. PlanNet21’s development is based on ground-breaking technical innovation and expertise. With a unified approach to IT architecture, they offer all key competencies to evaluate, design, implement and support complex solutions for some of the industry’s most prestigious clients across sectors such as industry, public sector, education and multinational companies. The turnover in 2023 was close to 70 million euros. For more information, please visit www.plannet21.ie
Conscia Group
Control is a leading supplier of cyber security and network solutions for business-critical IT infrastructure in large European organizations. Conscia’s experts design, implement and operate innovative, tailored IT solutions in cyber security, network and hybrid cloud and support customers throughout their entire technology life cycle. Conscia was founded in 2003 and is owned by private equity investor Nordic Capital. With approximately 1,200 employees, Conscia serves large organizations in finance, health, industry, energy supply, retail and the public sector from offices in Denmark, the Netherlands, Norway, Slovenia, Sweden, the UK and Germany. In 2023, revenue increased by 32% to 582 million euros. For more information, please visit www.conscia.com
Source: it-kanalen.dk
