IT Relation Overview

  • Founded
  • 2003

Founded
  • Status
  • Private

  • Employees
  • 1,100

Employees
  • Latest Deal Type
  • Buyout/​LBO

  • (Announced)
  • Financing Rounds
  • 3

  • Investments
  • 13

IT Relation General Information

Description

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

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
IT Consulting and Outsourcing
Primary Office
  • Dalgas Plads 7B
  • 1st floor
  • 7400 Herning
  • Denmark
+45 70 00 00 00

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IT Relation Valuation & Funding

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

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IT Relation Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of IT outsourcing services based in Herning, Denmark. The company's services include outsourcing, digitization,
IT Consulting and Outsourcing
Herning, Denmark
1,100 As of 2022
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0000000 000 00000000000 0000000000
Roubaix, France
0000 As of 0000
00000
0.000 0000-00-00
00000000 00000

000000

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0000000 000 00000000000 0000000000
Maidenhead, United Kingdom
000 As of 0000
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IT Relation Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OVHcloud Formerly PE-Backed Roubaix, France 0000 00000 00000000 00000
0000000 Private Equity-Backed Maidenhead, United Kingdom 000 000000000000
00000 Private Equity-Backed Derby, United Kingdom 000 000000000000
000 0000000 000000 Private Equity-Backed London, United Kingdom 000 000.00 0000000 0000 000.00
0000000 00000000 Private Equity-Backed Chicago, IL 000 00.00 000000000 00.00
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IT Relation Executive Team (8)

Name Title Board Seat Contact Info
Henrik Kastbjerg Chief Executive Officer and Board Member
Mikael Kjærgaard Chief Financial Officer, Group Finance
Anders Kaag Chief Technology Officer
Stig Bundgaard Head of Impact Team & Partner of Advisory Services
Claus Sommer Chief Transformation Officer
You’re viewing 5 of 8 executive team members. Get the full list »

IT Relation Board Members (3)

Name Representing Role Since
000000 000000000 IT Relation Chief Executive Officer and Board Member 000 0000
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IT Relation Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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IT Relation Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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IT Relation Investments (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 01-Jul-2021 0000000000 IT Consulting and Outsourcing 000000 00
00000 00000 18-May-2021 0000000000 IT Consulting and Outsourcing 000000 00
00000000000 0 04-May-2021 0000000000 IT Consulting and Outsourcing 000000 00
000000 01-Feb-2021 0000000000 IT Consulting and Outsourcing 000000 00
Improsec 01-Dec-2020 Buyout/LBO IT Consulting and Outsourcing 000000 00
You’re viewing 5 of 13 investments. Get the full list »

IT Relation Subsidiaries (8)

Company Name Industry Location Founded
Cloud Teams IT Consulting and Outsourcing Copenhagen, Denmark 2017
00000000 IT Consulting and Outsourcing Copenhagen, Denmark 0000
0000000000 IT Consulting and Outsourcing Aarhus, Denmark 0000
0000 IT Consulting and Outsourcing Kolding, Denmark 0000
00000 IT Consulting and Outsourcing Silkeborg, Denmark 0000
You’re viewing 5 of 8 subsidiaries. Get the full list »