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Co-native completes acquisition of Retune Group AB and implements management changes

Nov 12, 202411 months ago

Acquiring Company

Co-native

Acquired Company

Retune Group AB

StockholmStockholmCloud InfrastructureCloud ComputingCyber SecurityInformation Technology

Description

Co-native has acquired Retune Group AB, a Stockholm-based cloud specialist company, as part of its strategy to strengthen its position as the leading public cloud provider in the Nordics. The acquired company will be integrated into Co-native's subsidiary, Asurgent, to enhance collaboration opportunities and deliver greater value to customers. Management changes have been implemented to further strengthen the group's growth capacity and customer focus.

Company Information

Company

Co-native

Location

Stockholm, Stockholm County, Sweden

About

Co-native is a rapidly growing cloud specialist company with a focus on public cloud solutions, including Microsoft 365, Microsoft Azure, and cybersecurity services. With a strong partnership with Microsoft and Amazon Web Services, Co-native aims to provide tailored public cloud offerings to meet market demands.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed