Key transaction highlights
- Advania has entered into a definitive agreement to acquire 100% of the shares in RTS from ShortCap and management.
- The transaction is expected to close during Q4 2023, pending regulatory approval.
- Advania is the leading IT-services providers for the mid-market in Northern Europe, with operations in Sweden, Norway, the UK, Iceland, Finland, and Denmark.
- RTS is a Swedish, privately-owned IT services company specializing in large digital transformation projects and managed services. RTS also offers hardware and licenses to meet the comprehensive IT needs of their customers.
- The acquisition enables Advania to expand its existing services and introduce new services to clients in Sweden.
"It's truly exciting to have the entire RTS team join Advania on our growth journey in Sweden. This acquisition emphasizes our goal of becoming the preferred IT services provider and our ambition to help create sustainable value for our customers in their digital transformations," says Tomas Wanselius, CEO of Advania Sweden.
"We're proud of the robust company and culture we've built over the years and are thrilled to combine forces with Advania, a company that shares our focus on culture, customer intimacy, and growth," says Urban Berlinde, CEO of RTS.
For more information, please contact:
RTS Group AB
Urban Berlinde, CEO RTS Group AB
E-mail: urban.berlinde@rts.se
Phone: +46 70-896 50 27
Advania AB
Tomas Wanselius, CEO Advania Sweden
E-mail: tomas.wanselius@advania.com
Phone: +46 70-454 35 24
About RTS Group AB
RTS is an advisory partner with expertise in IT infrastructure and digitalization. We are a team of 190 employees with offices in Stockholm, Malmö, Helsingborg, and Örebro. With deep expertise in innovative technology and strategic partnerships with leading IT vendors, we enable companies and organizations to succeed in their digital transformation. RTS's comprehensive offering in IT infrastructure consists of four business units: RTS Professional Services, RTS Solutions, RTS Technology Platforms, and RTS Cloud, and together we deliver business value tailored to our clients' unique digitalization needs.For further information, please visit rts.se.