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Procano AS aquires Simpleo AS

Procano and Simpleo join forces, as Procano looks to capitalise on ongoing market consolidation.

PROJECTMANAGER

Morten Rye Pedersen

Morten Rye Pedersen

Buy-side

INDUSTRY

Technology

IT & Cloud Services

Procano AS acquires Simpleo AS. Procano has been seeking an acquisition target for more than a year, to add technical and human resources that complement and enhance the new Procano.

Stratema and Procano have formulated a M&A strategy going forward, which is designed to deliver on Procano’s objective of becoming the leading modern cloud service provider in Norway, and to strengthen their position around the Norwegian capital, Oslo. In response to the departure of a major client, Procano has undergone a strategic reorganisation. Stratema presented Simpleo as a company that complements Procano in terms of both corporate culture and geographic footprint. Their integration is poised to enhance Procano’s restructured operations.

Simpleo, for its part, has noted the ongoing IT market consolidation and has wanted to team up with a larger business.

Procano comments:

“First and foremost, the people of Simpleo and Procano are a good match, says Jørgen Berg, CEO of Procano, who has been impressed by the level of expertise, experience and customer focus at Simpleo. Our niche is demanding SME customers, which expect a high-quality services and a dedicated point of contact at a reasonable price”, says Mr Berg.

About Procano

Procano has established itself as a leading cloud service provider in the Norwegian managed service market.

About Simpleo

Simpleo is a Norwegian managed service provider.

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