Netcompany to acquire Intrasoft International S.A.

Netcompany has today entered into an agreement with Intracom Technologies to acquire Intrasoft International S.A., a leading European IT solutions and services group with strong international presence and expertise.

Netcompany is excited to welcome Intrasoft as an integral part of the Netcompany group, and as an important contributor to the continued future development of the Netcompany group into becoming the leader in Europe.

André Rogaczewski, CEO of Netcompany, states:

André Rogaczewski "We are facing an unprecedented and exciting time in Europe where all societies are now accelerating and understanding the value of digitalisation. By digitising Europe responsibly, we fundamentally change societies, businesses and the way we live our lives for the better. By acquiring Intrasoft, we become better positioned and strengthened to play a vital role in helping European governments, businesses, and institutions in their efforts to take the full advantage of digitalisation. Intrasoft now becoming a part of Netcompany means that we together have more innovative platforms, more competences, and a wider presence throughout Europe. I am confident that we will play a prominent role in creating and shaping the necessary digital transition that Europe will have to go through in the coming decade."

 

Alexandros Manos, CEO of Intrasoft, states:

Today marks an exciting new era for Intrasoft. We share Netcompany´s vision, values and focus on delivering digital transformation that creates strong, sustainable societies, successful companies, and improved quality of life for all. I am certain that together we will become a leading supplier of future-proof digital transformation to the European market. I am looking forward to bringing value to all of our current, joint and new customers.

   

A strong foothold together

The acquisition of Intrasoft provides a strong foothold for the digitalisation to take place in Europe in the next 5-10 years. It enhances and strengthens Netcompany’s position in the public sector in Europe by adding presence across a number of European countries markets and adding a leading position in the EU Institutions market.

It will also expand the reach and offerings in Netcompany’s private sector verticals, based on additional references and competencies added from Intrasoft in Telco, Banking and Finance, and Energy & Utilities, and will position the Netcompany group in an advantageous position for continued strong growth in the private sector.

Further, it will support the platform approach Netcompany has embarked on by adding supplementary products in especially Customs, Tax and Social Security, as well as for banking.
 
Read the full announcement here: Netcompany to acquire Intrasoft International S.A.
 

About Intrasoft International S.A.

  • Intrasoft was founded in 1996 and is headquartered in Luxembourg
  • Leading European IT solutions and services group with strong international presence and expertise
  • 2,800+ employees (including freelancers) in 13 countries
  • Revenue of EUR 197 million (DKK 1,470 million), EBITDA of EUR 18.0 million (DKK 134 million) and EBITA of EUR 13.3 million (DKK 99 million) in 2020
  • More than 500 organisations throughout the world have chosen Intrasoft's services and solutions to fulfil their business needs
  • For additional information: https://www.intrasoft-intl.com/

Press contact

Ask Riis

Senior Advisor

xasri@netcompany.com +45 5040 8511