Braathe Gruppen AS acquires NetClient

The acquisition is an integral part of Braathe Gruppen’s strategy for further growth and expansion in the Norwegian cloud and IT operations market.

Braathe and Stratema have formed a strategic partnership, with an ambition of expanding Braathe’s business and ensuring stable and profitable operations in a rapidly consolidating market. The acquisition of NetClient marks the first step in this strategic expansion.

Stratema has advised Braathe on market positioning and product portfolio strategy, in addition to devising a comprehensive buy-and-build strategy designed to accelerate growth and expansion.

Both NetClient and Braathe Gruppen have provided cloud and IT services to business customers for the last 15 years. The companies have an overlapping and complementary range of services that will benefit customers of both NetClient and Braathe Gruppen in future. Following the acquisition, Braathe Gruppen will have more than 60 employees and revenues of about NOK 125 million.

About Braathe

Braathe is a leading managed service provider characterised by exceptional technical insight and innovative products, drawing on decades of experience. Braathe ensures a seamless IT experience for its customers, hosted primarily from its state-of-the-art data centre at Rygge. With its geographical reach extending throughout Norway, Braathe provides unparallelled service and support to both the private and the public sector.

About NetClient

NetClient has been providing managed services, as well as hosting and outsourcing services, to enterprises since 1999. They have extensive experience with running large web applications (SaaS), and as an IT outsourcing partner.