Columbus A/S acquires Dynamics-focused Advania Business Solutions in Norway for $4.5M

January 6 2020

IT services firm Columbus has acquired Microsoft Dynamics partner Advania Business Solutions of Norway for NOK 40 million, or about USD $4.5 million.

Columbus is acquiring the firm from the larger Advania Norway and Advania Group. The 45 employees of Advania Business Solutions, who focus on Dynamics AX and Dynamics 365 Finance and Supply Chain Management and are based in Oslo and Sandefjord, will join Columbus, according to an announcementColumbus will also assume responsibility for Advania's Dynamics customers.

Advania Business Solutions had revenue of NOK 76 million (about USD $8.6 million) and EBITDA of NOK 6 million in 2019, according to Columbus.

About MSDW Reporter

More about MSDW Reporter