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Bouvet

M&A Activity Sep 11, 2023

3563_rns_2023-09-11_1ddc09f7-da7b-44de-b046-27d30a672042.html

M&A Activity

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Bouvet to acquire Headit AS in Innlandet county

Bouvet to acquire Headit AS in Innlandet county

Bouvet has entered into an agreement to acquire Headit’s business in Norway’s Innlandet county. The 35 employees of this consultancy Hamar-based, whose activities coincide with services offered by Bouvet, will become part of the acquiring group’s eastern region. The acquisition will give Bouvet a presence in eastern Norway with offices in Oslo, Sandvika, Drammen and Hamar. As part of the agreement, Bouvet will enter into Headit’s assignments in the region to ensure a seamless transition for clients. The agreement will take effect from 2 October 2023.

Bouvet is purchasing all the shares in Headit AS for a combination of cash and shares in the acquiring company.

“I’m extremely pleased to be able to welcome Headit,” says Bouvet CEO Per Gunnar Tronsli. “Both of us are founded on a culture which places employees in the centre and devotes great attention to expertise and a sharing culture.

“We have long wanted to secure a presence in Innlandet. With Headit’s expertise and local presence, we’ll continue to build on the basis created by its business over 20 years and create a leading centre of expertise and consultancy as Bouvet Innlandet.

“For our part, this means a continuation of our regional strategy. It creates opportunities for our employees through a stronger specialist environment and opportunity for assignments. Where our clients are concerned, this will equip us even better to take on large tasks.”

“To continue developing as a leading centre of expertise and consultancy in Innlandet, our entry into Bouvet is an important and natural step in such a direction,” says Rune Kollstrøm, CEO of Headit.

“We’ve already been described on a number of occasions as a ‘mini Bouvet’ in Innlandet. With our values and culture of putting people in the centre of attention, we have much in common. Becoming part of Bouvet will allow us to build further on what we’ve already established while nevertheless becoming part of something much bigger.”

Further information from

- Per Gunnar Tronsli, CEO, Bouvet ASA, tel +47 900 20 622

- Rune Kollstrøm, CEO, Headit AS, tel +47 982 04 840

Bouvet in brief

Bouvet is a leading consultancy on IT and digital communication. It supports players in the private and public sectors with digitalisation, and helps them to meet the challenges involved as well as utilising the opportunities offered to them by new technology. The group has more than 2 200 employees spread across 16 offices in Norway and Sweden.

Bouvet is listed on the Oslo Stock Exchange with the ticker code BOUV.

Headit AS in brief

Headit is a consultancy with 35 employees and its head office at Hamar. Established in 2000, the company works on developing and tailoring digital products and services. It delivers services in such fields as system development and architecture, user experience, project management, data platforms, DevOps, software development and service design.

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