Announced
Synopsis
Nordic Capital-backed Conscia, a provider of cybersecurity, networking, and cloud managed services, agreed to acquire Open Line, a cloud managed services provider. Financial terms were not disclosed. “This transaction would not only add scale to Conscia Netherlands. It would significantly reinforce our pan-European leadership in managed services and reflect our strategic priority to scale Conscia’s platform and capabilities in areas that matter most to our customers, namely cybersecurity, cloud, and digital transformation. Open Line brings proven strengths in these domains, especially in highly regulated and mission-critical sectors. Together, we could deliver more value to more clients, at greater scale, while maintaining the deep customer focus that defines both companies,” Erik Bertman, Conscia CEO.
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