IT Relation strengthen their position in the capital area with the acquisition of TechBiz
IT Relation has entered into an agreement to buy the IT company TechBiz and therefore strengthening their presence further in the capital area
In recent years, IT Relation has significantly increased their business volume east of the Great Belt (Storebælt), and is now taking another major step in their strategy of creating a strong nationwide market presence by adding a new acquisition to the existing organization in the Copenhagen area. Since the year 2000 TechBiz has built a solid business, focusing on competitive IT solutions based on customer needs and high experience value for the end user.
“There is a perfect match between the companies when it comes to competencies, customer focus and last but not least, corporate culture. We look forward to completing the integration and bringing the companies together at IT Relation’s new big customer centre in Østerbro in Copenhagen. The acquisition creates even more volume to our business in Zealand, which, after organic growth and other acquisitions, now accounts for more than 100 employees who are ready to provide our customers with the service they expect— and a bit more —24/7”, says Henrik Kastbjerg, CEO at IT Relation.
TechBiz’s current customers won’t experience any changes due to the acquisition. Customer relationships and contracts will remain unchanged and customers will continue to be served by the consultants they know and with the service they are used to. All 16 employees continue under the new ownership, and integration is expected to be fully implemented during the first half of 2019.
"We are pleased with the solution we have found together with IT Relation and we look forward to being part of a larger and still very successful IT company," says TechBiz’s founders and former executives, Joakim Bach Friis and Nikolaj Friis Krøyer, adding: "Both employees and customers will experience the positive aspects of becoming a part of a larger company. For customers, it means that they will have access to a more extensive offer and an even stronger service organization. For the employees the future offers even better development opportunities — and a strong corporate culture that they will enjoy."
For further information:
CEO, IT Relation A/S
Tel.: + 45 2069 6700
Joakim Bach Friis
Sales Director and Partner, TechBiz
Tel.: +45 5157 3067
Nikolaj Friis Krøyer
Technical Director and Partner, TechBiz
Tel.: +45 5157 3065
About IT Relation
In a few years’ time IT Relation has developed from a strong regional player into a leading Danish supplier of outsourced IT services to small and medium size companies and to the public sector. Today, IT Relation is represented in a solid way in nine locations and have three large client centres in Herning, Aarhus and Copenhagen. The company currently has 480 employees.