To further strengthen its offerings in Sweden, Advania AB ("Advania") is acquiring RTS Group AB ("RTS"). The acquisition of RTS will strengthen Advania's capability to execute large-scale digital transformation projects and the managed services offering for both existing and new customers. The acquisition aligns with Advania's goal of becoming the preferred IT-services provider in Northern Europe.
Key transaction highlights
Advania has entered into a definitive agreement to acquire 100% of the shares in RTS from ShortCap and management.
The transaction is expected to close during Q4 2023, pending regulatory approval.
Advania is the leading IT-services providers for the mid-market in Northern Europe, with operations in Sweden, Norway, the UK, Iceland, Finland, and Denmark.
RTS is a Swedish, privately-owned IT services company specializing in large digital transformation projects and managed services. RTS also offers hardware and licenses to meet the comprehensive IT needs of their customers.
The acquisition enables Advania to expand its existing services and introduce new services to clients in Sweden.
With the acquisition of RTS, Advania Sweden will enhance its offerings in transformation services, managed services, and VAR for both existing and new customers. Moreover, Advania and RTS aim to create an exceptional workplace, allowing talent from both companies to excel in a decentralized, customer-centric environment.
"It's truly exciting to have the entire RTS team join Advania on our growth journey in Sweden. This acquisition emphasizes our goal of becoming the preferred IT services provider and our ambition to help create sustainable value for our customers in their digital transformations," says Tomas Wanselius, CEO of Advania Sweden.
"We're proud of the robust company and culture we've built over the years and are thrilled to combine forces with Advania, a company that shares our focus on culture, customer intimacy, and growth," says Urban Berlinde, CEO of RTS.
RTS is an advisory partner with expertise in IT infrastructure and digitalization. We are a team of 190 employees with offices in Stockholm, Malmö, Helsingborg, and Örebro. With deep expertise in innovative technology and strategic partnerships with leading IT vendors, we enable companies and organizations to succeed in their digital transformation. RTS's comprehensive offering in IT infrastructure consists of four business units: RTS Professional Services, RTS Solutions, RTS Technology Platforms, and RTS Cloud, and together we deliver business value tailored to our clients' unique digitalization needs.
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