Lyvia Group Acquires Arc Consulting, Strengthening Their Position In The Polish Tech- And Erp Sector
Lyvia Group Acquires Arc Consulting, Strengthening Their Position In The Polish Tech- And Erp Sector
09/12/23, 6:26 AM
Industry
software
consulting
Lyvia Group, the European tech and software solutions group, has acquired Arc Consulting Group SP. Z.O.O.SP.K, a Polish company specialized in creating intelligent business models supported by modern technologies. The acquisition of Arc Consulting will add 3.5 M EUR in EBITDA to the group 1 and Arc becomes the third company in Poland to join the group within one year.
Company Info
Company info
Lyvia was launched on April 18 after two leading companies in the business-to-business tech and software services sector were brought together.
The collaboration brought Lyvia immediate scale and credibility, with a pan-European group of 35 specialist companies in software and expert services, digital marketing, creative consulting and software-as-a-service.
With around 1,500 dedicated professionals, offices across Europe and pro forma FY2022 revenues of approximately SEK2bn, Lyvia entered the European market as one of the biggest and strongest performing companies in its sector.
The company not only owns and manages brands, but also seeks to enhance collaboration between the companies in which it is involved. This includes operational and financial synergies as well as access to an ecosystem of like-minded entrepreneurs.
Lyvia brings specific skills to the European market that differentiate it from its competitors. It has been founded and run by entrepreneurs, forming an immediate bond with the companies with whom it seeks to partner.
Lyvia is seeking to list on NASDAQ OMX in Stockholm within the next 12 to 18 months, depending upon market conditions.
Read more about Lyvia Group here: https://lyviagroup.com/
FOR MORE INFORMATION, PLEASE CONTACT:
Tarjei Unneland, M&A Director Lyvia Group, at tarjei.unneland@lyviagroup.com
The following files are available for download:
https://mb.cision.com/Main/21849/3761852/2026168.pdf
Release
SOURCE Lyvia Group AB (publ)