Nestit Group Expands with Docuware and House Of Service Integration

Deal News | Jan 13, 2025 | MVI Advisors AB

Nestit Group has announced the acquisition of two companies, Docuware and House Of Service, as part of its strategic expansion within the IT Solutions, Facility Management, and Document Solutions industries. Headquartered in Gothenburg and Stockholm, these companies help bolster Nestit's geographical presence and product offerings. Johannes Boson, CEO of Nestit, emphasized that this acquisition will enhance their offerings, drive productivity, and accelerate growth. MVI Advisors AB, a private equity firm, backs this acquisition. Both Docuware and House Of Service maintain their core values and customer focus while benefiting from Nestit's innovative resources. The CEOs of both acquired companies expressed enthusiasm about the collaboration, emphasizing shared core values and enhanced service capabilities.

Sectors

  • IT Solutions
  • Facility Management
  • Document Solutions

Geography

  • Sweden – The acquisitions occur within Sweden, focusing on broadening presence in Gothenburg and Stockholm.

Industry

  • IT Solutions – The article discusses the acquisition of companies involved in IT solutions and services, which is relevant to Nestit's expansion in this sector.
  • Facility Management – House Of Service's focus on facility management underscores Nestit's strategic investment in this sector.
  • Document Solutions – Docuware's expertise in document solutions is pivotal to enhancing Nestit's offering in this industry.

Financials

    Participants

    NameRoleTypeDescription
    Nestit GroupBuyerCompanyAn expanding company focusing on IT solutions, facility management, and document solutions.
    DocuwareTargetCompanyBased in Mlndal, provides document and IT solutions to SME customers.
    House Of ServiceTargetCompanyBased in Solna, offers IT solutions and facility management services.
    MVI Advisors ABPrivate Equity FirmCompanyA backing private equity firm supporting the acquisitions.