Intellic Group continues its growth journey through the acquisition of Rededge
Intellic Group, with Broviken as majority owner, expands its customer offering as ERP company Rededge Consulting AB ("Rededge") joins the group. The partnership is a further step in Intellic Group's objective to create a leading player with services in Analytics, CRM, ERP and associated strategic advisory. Existing co-owners remain as minority owners.
Rededge, based in Stockholm, has long and solid experience in streamlining and automating its customers' existing business processes. The company combines deep systems expertise and business know-how with extensive experience from various industries. The company has long-standing experience in supporting its clients with expertise regarding Oracle ERP systems, ranging from implementation to further development.
Stefan Possnert, CEO of Rededge:
"It feels very inspiring to become part of Intellic Group. Together, we will become an even stronger and more complete partner to our customers. We see a clearly increased demand, driven by Digitalisation and the need for modern business management systems, and look forward to continuing our growth journey together."
Jonas Boström, Group CEO of Intellic Group:
"We are very pleased to welcome Rededge to Intellic Group. The acquisition gives us new opportunities to offer a broader and more comprehensive offering to our customers. At the same time, we strengthen our position as an attractive employer. I see great potential in our collective expertise and look forward to starting to work together."
The commercial terms of the transaction are not disclosed.
About us
Broviken invests in highly specialised service companies driven by strong entrepreneurs and management teams. Broviken is a long-term owner and invests without an exit horizon.
About Intellic Group
Intellic Group is a corporate group of niche specialist companies with deep technical and operational expertise in Analytics, CRM, ERP and Specialist Services for financial market participants. Operations are conducted through the subsidiaries Attollo, Releye, Omeo and Redege. For further information, see www.intellicgroup.se
For more information, please contact:
Jonas Boström
Group CEO, Intellic Group
+46 70 358 98 20
jonas.bostrom@intellic.se
Anders Törnsten
Head of M&A, Broviken
+46 72 515 73 30
anders.tornsten@broviken.se