Announced

Axcel to acquire Bekk Consulting from Tieto for NOK1.7bn.

Synopsis

Axcel, a private equity firm, agreed to acquire Bekk Consulting, a technology and management consultancy company, from Tieto, a software and digital engineering services company, for NOK1.7bn. “We are delighted to have reached this agreement with Axcel. Bekk, with its notable position in Norway, has operated as an independent entity within Tieto Tech Consulting. As Tech Consulting is currently redefining its strategic focus, it became clear that allowing Bekk to continue independently is the best path forward for both parties,” Endre Rangnes, Tieto President and CEO

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