80% of Kippr acquired by ECIT AS

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August 2018 – 80% of Kippr acquired by ECIT AS

About the deal

In 2018 Bryan, Garnier & Co advised ECIT in the acquitition of 80% of Kippr.

The acquisition will enable ECIT Group to strengthen its position in the Oslo area within Managed IT.

Deal team

Hans Henrik Westberg | Director | Oslo | Investment Banking | hwestberg@bryangarnier.com

About ECIT Group

ECIT Group consists of medium-sized accounting and IT companies that offer services in accounting, payroll, hosting and IT Services. ECIT Group has grown into a Nordic BPO player after acquiring close to 100 companies during the last five years. The company has aspiring growth ambitions in the Nordics and expect a turnover above 1.2bn NOK in 2018. Bryan, Garnier & Co is ECIT Groups advisor.

About Kippr

Kippr AS (formerly known as Itum Oslo & Akershus) is a leading IT-company specializing in Microsoft SW & Services, hybrid cloud and hardwear sale. The company is looking forward to creating synergies with other IT companies in the ECIT Group.

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