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IT Relation

IT Relation
2003 FOUNDED
PRIVATE STATUS
401-500 EMPLOYEES
Buyout/LBO LATEST DEAL TYPE
2 FINANCING ROUNDS
6 INVESTMENTS
Description

Provider of IT outsourcing services in Denmark. The company's services include outsourcing, digitization, end user support and consulting as part of a full-service IT offering, enabling small-to-medim enterprises to migrate their IT infrastructure and operate in the cloud.

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
IT Consulting and Outsourcing
Primary Office
  • Dalgas Plads 7B
  • 1. sal
  • 7400 Herning
  • Denmark

+45 70 00 00 00

IT Relation Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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IT Relation Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ISI Expert Formerly PE-Backed Paris, France 000000000000
000000 Private Equity-Backed Skanderborg, Denmark 00 000000000000
000000000 00000000 Formerly PE-Backed Dallas, TX 000 0000 000000&0 0000
0000000 00000000 Private Equity-Backed Chicago, IL 000 000.00 000000&0 000.00
000000000 Formerly VC-backed Chicago, IL 000 000.00 000000&0 000.00
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IT Relation Investments (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 01-Jul-2019 0000000000 IT Consulting and Outsourcing 0000 0ø00000
000000 00 01-May-2019 0000000000 IT Consulting and Outsourcing
0000000000 01-Apr-2019 0000000000 IT Consulting and Outsourcing 000000 000000000
00000 31-Dec-2018 0000000000 IT Consulting and Outsourcing 000000 000000000
TechBiz 20-Nov-2018 Buyout/LBO IT Consulting and Outsourcing 000000 000000000
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IT Relation Subsidiaries (4)

Company Name Industry Location Founded
Hostnordic IT Consulting and Outsourcing Aarhus, Denmark 2006
00000 IT Consulting and Outsourcing Silkeborg, Denmark 0000
0000000 Acquirer København, Denmark 0000
000000 00 IT Consulting and Outsourcing Esbjerg, Denmark 0000
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IT Relation Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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IT Relation Executive Team (7)

Name Title Board
Seat
Contact
Info
Henrik Kastbjerg Founder & Chief Executive Officer
Michael Kjærgaard Chief Financial Officer
Claus Sommer Chief Operating Officer
Anders Kaag Chief Technology Officer
Jan Elbæk Chief Business Development Officer
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