Acquisition 2021.02.25

Advania invests in northern Sweden and acquires Hi5

Advania, one of the leading IT companies in the Nordic region, is now acquiring Norrland-based Hi5 with 65 employees in Umeå and Luleå. The acquisition gives customers access to more experts and solutions - in more locations - while employees get extended opportunities for development.

Tomas Niklas_PressbildThanks to long-term customer relationships, the industry's best customer satisfaction, a strong culture with fantastic employees and the rapid digitalisation, Advania has grown more than 20% annually for the past 5 years. The company is now continuing its growth journey by acquiring Norrland-based Hi5. The investment in Norrland creates new opportunities to provide service to customers with a geographically dispersed business.

- I am pleased to welcome Hi5's employees and customers to Advania. We share the passion to be close to our customers and focus on creating value for them. Both Advania and Hi5 have become successful through strong values, committed employees and a uniquely strong customer focus. Now we look forward to working together to make it easy for our customers to grow with the help of IT, says Tomas Wanselius, CEO of Advania Sweden.

- Hi5 has grown significantly with the help of an innovative culture based on technical expertise and customer knowledge. The combination of Hi5 and Advania gives our customers access to more innovative solutions and more expertise, regardless of whether they have operations throughout Sweden or locally here in Umeå or Luleå. In addition, we can offer our employees far more opportunities for development in the future, says Hi5's CEO, Niklas Tiger."

The Hi5 business will be kept together as an organizational unit also in the future, under the continued leadership of Niklas Tiger.

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