Goldman Sachs Merchant Banking Division to invest in Advania.

Goldman Sachs Merchant Banking Division agreed to invest in Advania, an IT-provider in Northern Europe with operations in Sweden, Iceland, Norway, Denmark and Finland. Financial terms were not disclosed. "Goldman Sachs is a global leader in private equity, with a strong track record of investing in the technology sector and in the Nordics. To partner with them is not only a stamp of approval of what we have achieved so far but also a promise to everyone here at Advania that the journey ahead will be full of excitement and new possibilities. Most important is that we can stay true to our core ambition: to be a real partner to all customers and a great workplace that keeps on attracting the best talent," Mikael Noaksson, Advania CEO.