Nestit Group Continues Expansion by Acquiring Midcon and TeleProfessionals

Nestit Group, a leading Nordic provider of IT and communications solutions, announces the strategic acquisitions of Midcon AB and TeleProffs AB. The acquisitions strengthen the Group's offering in IT infrastructure services, document management, meeting technology and communication solutions, marking another key step in Nestit Group’s growth journey toward achieving SEK 1billion in revenue by 2025 and SEK 1.5 billion by 2028

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Nestit Group's vision is to simplify the working life of small and medium-sized enterprises. These companies form the backbone of Swedish business and account for a majority of employment, but often lack the same access to strategic IT and office development as large companies. By bringing together strong regional players, Nestit wants to create better conditions for growth and competitiveness throughout Sweden.

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- With Midcon and Teleprofessionals in the Nestit family, we are strengthening our presence in southern and central Sweden and broadening our offering in both IT infrastructure and communication solutions. This enables us to deliver even more value to SMEs across the country, says Johannes Boson, CEO of Nestit Group.

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Midcon AB, with headquarters in Karlskrona and offices in Karlshamn, Växjö, Kalmar and Jönköping, is an established partner in IT infrastructure, document management and meeting technology for small and medium-sized companies.

- Becoming part of Nestit Group feels like a natural next step in our development. We can now offer our customers access to even more services, greater resources and a strong national platform without compromising our local presence and close customer relationships, says Andreas Paulsson, CEO of Midcon AB.

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TeleProffs, with offices in Jönköping, Linköping and Värnamo, is a system integrator with expertise in switching solutions and operator services.

- Becoming part of Nestit Group is a natural and strategic step in TeleProff's long-term development. Through the cooperation, we will have the opportunity to strengthen our offerings and at the same time accelerate the development of both existing and new customer solutions, says Patrik Skord, CEO of TeleProffs AB.

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The acquired companies retain their brands and local market focus. Through joint resources, cooperation and support from Nestit Group management, we create even better conditions for delivering market-leading IT and communications solutions with a continued strong customer focus.

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Nestit Group is backed by investment company MVI, which actively supports the Group's growth journey and expansion in the Nordic market.

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Contact
Johannes Boson, CEO
Nestit Group
+46 72-332 50 00
Johannes.boson@nestitgroup.com