ProData Consult, a Copenhagen, Denmark-based independent IT consultancy focused on business and IT consultants, received a majority investment from private equity firm Polaris Equity Partners.
The amount of the deal was not disclosed.
The company will use the proceeds to continue to expand its business reach.
Founded in 1994 by Søren Rode, CEO, ProData Consult is an independent consultancy focused on business and IT consultants. The group provides high-end business and IT consultants to its clients and has a large network of experienced IT specialists. Following growth of more than 30% in 2017, ProData Consult reached revenue of DKK 910m based on the company’s core business of providing business and IT consultants to a series of acknowledged clients, in particular within financial services. The group has activities in Denmark, Norway, Sweden, Poland, Germany and the Netherlands.