27.05.2026

Advania Acquires Evolv to Strengthen AI and Automation Capabilities

Advania has acquired Evolv Robotics, an Icelandic specialist in business automation, bringing a team of 30 automation engineers into the group and establishing its first dedicated automation delivery unit in Iceland. The acquisition strengthens Advania's ability to deliver end-to-end AI and automation services as organizations increasingly seek trusted partners to help them identify, implement, and scale these technologies.

Evolv develops automation systems that streamline and orchestrate complex business processes across industries. The company serves more than 100 customers in Iceland, with solutions deployed in production environments supporting everything from financial operations to customer workflows. Its team combines deep automation engineering expertise with a proven track record of implementing systems that operate reliably at scale.

News & Insights from Advania

Sustainability

Empowering effects of employment initiatives by Advania South Africa.

02.07.2024

Since November 2016, Advania SA have participated in incentive programmes through the Republic of South Africa’s Department of Trade, Industry and Competition. The primary objective of these programmes is to create employment in South Africa through servicing offshore activities, with a secondary objective of creating employment opportunities for the youth (age 18 to 34), and to contribute to the country’s export revenue from offshoring services.

Sustainability

Advania Norway: Diverse teams are the way to go.

25.06.2024

Establishing diverse role models in all layers of your organisation is a prerequisite for fostering an inclusive work culture. Leaders must recognise the importance of recruiting without prejudice, assembling teams from various backgrounds, and encouraging employees to contribute with their own unique perspective. In this case study, Advania Norway shares its hiring philosophy and activities to introduce girls to IT as a possible career path.

Customer Cases

NCII Moves to Salesforce in the Midst of a Volcanic Crisis with Advania by Their Side

20.06.2024

When a series of volcanic eruptions and thousands of earthquakes struck near the town of Grindavík, Iceland, Natural Catastrophe Insurance of Iceland (NCII) faced an extraordinary challenge. As a public institution responsible for insuring all buildings in Iceland against natural disasters, NCII had to respond to widespread and evolving damage quickly and accurately under extreme pressure.

Sustainability

Advania Sweden reports attitudes on circular IT equipment management.

18.06.2024

Advania Sweden partnered with analysis company Radar to produce a report describing the attitudes of Swedish businesses to the circular use of IT equipment. The report showed that the transition from linear to circular management of IT hardware is slow and many Swedish businesses lack a strategy for take-back and reuse.

M&A

Advania further expands in the UK through the acquisition of Servium.

12.06.2024

With the acquisition of Servium Limited (“Servium”), Advania UK will enhance its end-to-end offerings in professional services, managed services, and value-added reselling for both existing and new customers. Moreover, Advania and Servium aim to create an exceptional workplace, allowing talent from both companies to excel in a decentralized, customer-centric environment. The acquisition aligns with Advania's goal of becoming the preferred IT-services provider in Northern Europe.

Sustainability

Radically improved results in Advania Denmark’s employee survey.

04.06.2024

After conducting the Gallup employee survey for the first time in 2022, Advania Denmark decided to improve the situation and teamed up with an external partner to create a targeted action plan for 2023. Following the plan paid off: the results for 2023 indicate that the effort was successful, with scores increasing by double-digit percentages in all areas. Bjarne Riis, HR Director at Advania Denmark tells us more about the improvements.

Sustainability

Advania Iceland helps customers minimise unnecessary printing.

28.05.2024

In 2023, Advania Iceland started a project that encouraged customers to reduce their impact by cutting unnecessary printing. There are still many companies that continue to print a lot of information on paper and send it by mail despite the increased digitalisation in Icelandic society. When asked why, the answer was often “Because that is how we have always done it.” We talked to Steingerður Þóra Daníelsdóttir, product manager at Advania Iceland, about changing this mentality and helping customers achieve their sustainability goals.

Financial

Moody's rating completes Advania's credit assessment journey.

22.05.2024

Advania has secured its third major credit rating, now with Moody's assigning a B3 corporate family rating (CFR) with stable outlook. This completes the company's credit assessment process, following recent ratings from S&P Global and Fitch Ratings, and creates a comprehensive financial profile to support Advania's growth strategy.

Financial

Advania secures €820 million refinancing to fuel future growth.

09.05.2024

Advania has successfully completed a €820 million-equivalent refinancing transaction. This strategic move combines syndicated loans and private credit pools, including a €375 million term loan B and pre-placed tranches in sterling (€250 million), Norwegian krone (€100 million), and Swedish krona (€95 million). Additionally, Advania secured a new €210 million senior secured revolving credit facility due in 2030.

Financial

Advania strengthens financial platform with dual credit ratings.

05.05.2024

Advania AB, a leading Northern European IT services provider, announces a significant milestone in its growth journey with the completion of credit ratings from both S&P Global Ratings and Fitch Ratings. These independent assessments strengthen Advania's financial foundation as it continues its expansion across Northern Europe.

Financial

Advania Group welcomes Henrik Schibler as new CFO.

24.04.2024

Advania is proud to announce the appointment of Henrik Schibler as its new Group Chief Financial Officer (CFO), effective early August. In this pivotal role, Henrik will lead the charge in shaping the company's financial strategy and help steer its overall direction. His wealth of expertise and fresh perspectives, including extensive capital market experience, make him an important asset for Hege Støre, the Group CEO, the board of directors and the business units.

Partnerships

Advania new VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program.

04.04.2024

Advania to Help Customers Modernize Infrastructure, Accelerate Innovation, and Improve Business Resiliency with Managed VMware Cloud Foundation Services.