Conscia, a leading pan-European provider of cybersecurity and networking solutions for mission-critical IT infrastructure in large organisations, acquires PlanNet21 Group (PlanNet21 Communications Ltd, Agile Networks Ltd, and eCom Solutions Ltd), a leading provider of cybersecurity, networking, and managed services operating in the Irish and UK markets.
Conscia and PlanNet21 Group have both been servicing public organisations and private enterprises with cybersecurity, secure networking, IT infrastructure and hybrid cloud solutions for more than 20 years.
The two companies share a strong commitment for converting deep technical competencies and insights into customer value. A cornerstone of Conscia and PlanNet21 Group are longstanding partnerships with leading global technology partners.
“I am very pleased to welcome customers and the highly competent people from PlanNet21 Group to Conscia and we look forward to working together in Ireland and on all our combined markets. There is a commercial and cultural fit that will create a very compelling customer proposition,” says Group CEO Erik Bertman, Conscia.
PlanNet21 Group is a competency leader in the Irish market with rapid growth and revenues of close to EUR 70 million in 2022/23. The company is headquartered in Dublin, Ireland, with regional offices in Cork, Galway, Belfast and Edinburgh in Scotland. PlanNet21 Group has approximately 300 customers in the public sector and enterprises, primarily within the technology, media, telecom and government sectors.
Conscia designs, implements, and manages secure cybersecurity and networking services and solutions. The company supports more than 1,000 customers across Europe in finance, healthcare, manufacturing, utilities, retail, and the public sector. Conscia is represented in Denmark, Germany, Norway, Slovenia, Sweden, the Netherlands, and the UK and is owned by a leading sector-specialised private equity investor Nordic Capital. Conscia has shown remarkable growth organically and through acquisitions over the years, and the combined current business including PlanNet21 Group generate revenue in excess of EUR 700 million in 2022/23.
“With Conscia we can accelerate our development through enhanced customer offerings and a pan-European presence. They bring financial strength and scale in networking competencies, and their edge as a cybersecurity leader with award-winning services and solutions coupled with data insights through their platforms for Managed Detection and Response and Security Information and Event Management makes them an attractive owner for us,” says CEO Peter Carroll,PlanNet21 Group.
PlanNet21 Group has eight core solutions and service offerings with advanced industry specialisations across enterprise networks, security, cloud, data centre, unified communications and collaboration as well as contact centre services and bespoke software development solutions.
“Nordic Capital is delighted to be part of Conscia’s growth journey and its continued international expansion strategy. The perfect fit of PlanNet21 Group, in combination with the strong culture and quality of people of both companies, will enable Conscia to accelerate its growth journey. This transaction marks Conscia’s entry into Ireland and strengthens the company’s position as a leading European player providing a full package of cybersecurity and networking solutions and services to customers across markets”, says Rolf Torsøe, Managing Director, Nordic Capital Advisors.
PlanNet21 Group is Conscia’s 20th acquisition in eight European geographical markets and follows Conscia acquiring a digital transformation provider in the UK, ITGL, and Nordic Kanari Group specialised in observability, earlier this year.
The parties have agreed not to disclose financial details of the transaction and completion is subject to regulatory approval and customary closing conditions.
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