Axcel-backed itm8, a Danish supplier of managed IT services for private businesses and the public sector, completed the acquisition of JDM, an IT partner that supports digital transformation. Financial terms were not disclosed. “JDM has established itself as a bastion of innovation and reliability in the technology sector in Denmark, with a particular strength in offering integrated services that effectively link the capabilities of Microsoft 365 to the unique needs of small and medium-sized businesses. The alliance with itm8 represents a golden opportunity to accelerate our growth, expand our horizons, and create exceptional value for our employees and customers,” Nis Bank Lorenzen, JDM CEO.