Evidi strengthens leading Nordic position through strategic acquisition of Swedish NaviPro
Ranja Pedersen Ovedal
Evidi continues its Nordic growth journey, and barely 16 months after establishing in Denmark, Swedish NaviPro becomes a strategic part of Evidi's venture in both Sweden and the Nordic region. With this investment, the focus on delivering end-to-end deliveries in multiple markets is strengthened. NaviPro are specialists in the Microsoft Business Central ERP business system, with adjacent system support and has over 25 years of experience delivering complex business solutions to customers within the retail and fashion industry. After the acquisition, Evidi will have a Nordic turnover of ~ MNOK 800 in 2024 and have 520 employees.
Facts
- 50% of the employees are co-owners of Evidi AS in cooperation with Credo Partners as active owner and shareholder.
- Evidi AS consists of approx. 450 employees, in offices in Oslo, Asker, Bergen, Halden, Sandnes, Sarpsborg, Stavanger, Tønsberg, Ballerup, Odense, Aarhus, Vejle, Thisted and Ahmedabad.
- Evidi is inspired by the Latin word 'evidens,' supporting what we stand for; a solid foundation of facts and data that provides us with answers and contributes to sound decisions. It also allows us to approach all tasks with complete clarity and honesty. Data provides the answer.
The strength lies in the unity
The Swedish market is experiencing significant growth, and Evidi has already expressed great ambitions here. In Sweden, as in the other Nordic countries, customers are increasingly seeking more complex solutions from partners they trust and know possess industry expertise, in addition to comprehensive technology expertise.
It is with both respect and excitement that we welcome the highly engaged team at NaviPro to the Evidi family. The investment in the Swedish market is strategically exciting for Evidi, and from the first meeting with Thomas and Håkan, we experienced an immediate alignment to achieve common ambitions, says CEO Jørn Seglem enthusiastically.
We are excited to be part of Evidi and their exciting growth initiative in both Sweden and the Nordic region. We look forward to being part of building Evidi in Sweden and delivering the full range of Evidi's services to our customers. There is no doubt that this strengthens our position and our ability to deliver comprehensive and optimal business solutions for our customers, says CEO in NaviPro Thomas Molin.
Cultural match
The cultural match has been crucial for both companies, says Molin. He is optimistic about the future and looks forward to further developing the company as a leading player in the industry.
Complementing our technical and industry expertise in retail and fashion with Evidi's impressive broad competence across the entire Microsoft platform enables us to address complex customer needs. In addition, a shared culture focusing on teamwork, expertise and career development, will provide a solid foundation for further growth and success for both new and existing employees and customers. We are really excited about this growth journey, says Molin.
We are incredibly pleased to finalize the partnership with Thomas and the competent team at NaviPro. I am personally very impressed by the complexity they already handle in several of their customer engagements. For our Norwegian and Danish customers, especially the industry- and the discipline expertise within retail come as an additional value. Simultaneously, we can now deliver Nordic solutions to an increasing number of customers. We look forward to both growing and expanding our presence in Sweden together with Thomas and the team, concludes Seglem.
About Evidi
Evidi is the Nordic region's premier competence hub in Microsoft technology. We empower ambitious businesses to seize their opportunities through a holistic approach to people, processes, and technology.
Evidi deliver extensive expertise within our proprietary framework called Business Driven Architecture. This framework enables us to deliver extensive expertise in process and development and forms the basis for our leading position in the full range of Microsoft technologies. From CRM and ERP to low-code/no-code development, the Azure cloud platform, security, implementation, and maintenance of critical IT solutions, we are the foremost specialists in Microsoft technology.
The company had revenue of MNOK 620 in 2023, indicating a growth of 21,2% vs. 2022. Evidi currently has 450 employees in offices in Oslo, Asker, Bergen, Halden, Sandnes, Sarpsborg, Stavanger, Tønsberg, Ballerup, Odense, Aarhus, Vejle, Thisted and Ahmedabad.
About NaviPro
NaviPro is a leading Swedish Microsoft partner with over 25 years of experience in delivering tailored business system solutions for fashion, retail, and e-commerce businesses. Focusing on high functionality and flexibility, NaviPro specializes in creating seamless integrations, customisations, and applications for Microsoft Dynamics 365 Business Central to meet each customer's unique needs and challenges. With its deep expertise and extensive industry knowledge, NaviPro enhances customers' operations and offers a scalable platform prepared for the future.
The company consists of 54 employees and has offices in Borås, Gothenburg, and Stockholm. NaviPro is privately owned and had a turnover of MSEK 76 in 2023.
Contact:
Jørn Seglem, CEO Evidi, jorn.seglem@evidi.com
Thomas Molin, VD NaviPro, thomas.molin@navipro.se
Ranja Pedersen Ovedal, CMCO Evidi, ranja.ovedal@evidi.com