Cybercom and Plenware to join forces

Cybercom is acquiring Plenware, an IT consultancy with 550 employees and operations in Finland, Estonia, Romania, and China. Together, the companies (1) form a new, leading Nordic consultancy specialised in telecom, Internet, media (TIM) and industry, (2) strengthen both organisations, and (3) enhance and broaden service offerings to their customers.

Attachments: Plenware press release 21.12.2007

Sentica Partners sells Elematic Group to Pamplona Capital Management

Finnish investors led by private equity investor Sentica Partners sell Elematic Group Oy to a private equity fund managed by Pamplona Capital Management LLP. Sentica and other investors acquired Elematic from Consolis in August 2006, whereafter the company has been able to increase the revenues by tens of percents up to almost 100 MEUR – organically and through acquisitions – and double the EBIT.

Attachments: Elematic press release 17.9.2007