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New Deal


Announced

Completed

Bitpro completed the acquisition of KeyNet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Norway

Private

Completed

Majority

Domestic

Friendly

communication solutions

Single Bidder

Acquisition

Telecommunications Services: Other

Private Equity

Synopsis

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Bitpro, a computer consulting services provider, completed the acquisition of KeyNet, a communication services provider. Financial terms were not disclosed. "It is central to our strategy to be the best at follow-up. In addition, we will be a strong provider in the segment «larger companies with geographical spread». Through the purchase of KeyNet, we get a company that has had exactly this as its business idea, they have also succeeded well. We look forward to focusing on the great synergies that a broader product portfolio provides with existing and new customers," Trond Bjorvand, Bitpro CEO.

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