Nestit Group Expands with Strategic Acquisitions in Sweden
Deal News | Apr 07, 2025 | MVI Advisors AB
Nestit Group has expanded from two to seven companies within a year and now employs over 175 individuals across 25 locations in Sweden, generating a combined revenue exceeding SEK 500 million since April 2024. This growth is marked by the strategic acquisition of Coegi, Muneris IT, and Accesit, each contributing significantly to Nestit Group's service offerings which include IT solutions, cybersecurity, and office management for SMEs. The acquisitions align with Nestit’s strategy to meet the increasing demand for IT services across Sweden and aim to double revenue in the coming years. MVI Advisors AB, the investment firm behind Nestit Group, supports these strategic moves to drive digitalization in the Nordic region. Each acquired entity will maintain its brand identity, ensuring local market focus while leveraging shared resources and leadership from Nestit for optimal service delivery.
Sectors
- Information Technology Services
- Investment Management
Geography
- Sweden – Nestit Group and the newly acquired companies operate extensively within Sweden, emphasizing regional expansion in the Nordic market.
- Nordic Region – MVI Advisors focuses on digitalization and market development within the broader Nordic region.
Industry
- Information Technology Services – The article discusses Nestit Group's strategic acquisitions to expand IT and office solutions across Sweden.
- Investment Management – MVI Advisors AB, the investment firm backing Nestit Group, supports the acquisitions to enhance regional growth and digitalization.
Financials
- SEK 500 million – The combined revenue of Nestit Group after acquisitions since April 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nestit Group | Acquiring Company | Company | A company expanding its IT and office solutions offerings through strategic acquisitions. |
| MVI Advisors AB | Private Equity Firm | Company | An investment firm supporting digitalization and business development in the Nordic market. |
| Coegi | Target Company | Company | One of the companies acquired by Nestit Group to enhance service offerings. |
| Muneris IT | Target Company | Company | Another company acquired by Nestit Group to expand geographical presence and IT services. |
| Accesit | Target Company | Company | A company acquired by Nestit Group, contributing to the strategic expansion in IT solutions. |